How Will Netflix’s Big Outlay for Programming Affect Subscription Prices?

Oct 17, 2016  •  Post A Comment

The chief executive at Netflix talked about the company’s huge spending on programming, saying the outlays won’t affect subscription prices.

The subject came up during the company’s third-quarter conference call with analysts. Deadline.com quotes CEO Reed Hastings saying Netflix has “no plans for price increases,” beyond a legally mandated hike in Brazil to adjust for inflation.

Hastings is quoted in the report saying: “There’s a lot of competition entering the market. We don’t want to get overconfident because we had a good couple of years.”

Deadline adds: “He reiterated that he’s ‘looking at’ the possibility of allowing subscribers to download Netflix content,  but has ‘nothing specific to offer.’”


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