Netflix is increasing prices by as much as 20 percent for many US customers

As Netflix revealed its quarterly earnings, the company also announced a couple of subscription price hikes for its customers in the US, UK and France. The price increases come despite Netflix's recent password-sharing crackdown which it says has resulted in millions of new revenue-bringing subscribers. Both the Premium plan and the Basic plans will increase in price, but the Standard and ad-supported plans will remain as they are. Although Netflix's Basic plan is no longer available to new customers, users who have been grandfathered on this tier face the largest price jump. See also: For anyone who has managed to… [Continue Reading]