Netflix is going to get more expensive
Netflix is about to get more expensive. According to the CEO, that's the price for more original content. Considering the successes of Orange Is The New Black, House of Cards, Daredevil, BoJack Horseman and others, you could argue that they know what they're doing.
The gaffer of the company, Reed Hastings told investors that they'll be shunting people toward more expensive plans, and not only that, they're going to try and make it more difficult for people to share their passwords.
So, while you can have four profiles on one account, that might soon become a thing of the past, as they want more people paying for the service.
Hastings said: "We want to take it very slow. Over the next decade I think we’ll be able to add more content and have more value and then price that appropriately."
Of course, Netflix put prices up this year, by 50p, for new subscribers in the UK, but it looks like everyone is going to be paying more. Will it be an increase that puts people off the TV and movie service, or is everyone in too deep?