Friday, January 24, 2014

Say it ain't so!-------------------------The Days Of $7.99 Netflix May Soon Be Over

The Days Of $7.99 Netflix May Soon Be Over:

 "Netflix is finally talking seriously about increasing prices.

 For years, the streaming service in the U.S. has cost $7.99 per month.

But analysts have said that in order for Netflix to cover its high content and expansion costs -- and more recently, to cover potential increased costs due to net neutrality issues -- it would only be a matter of time before the streaming video service had to increase its prices.

 That time may be soon.

 In its letter to shareholders on Wednesday, Netflix said that it hopes "to offer new members a selection of three simple options to fit everyone's taste.""

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