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Netflix plans rate hikes

April 22, 2014 - Chris Pugh
If you're planning on signing up for Netflix, you may want to sign up soon.

The popular video-streaming service will raise its rates by $1-$2 per month starting in July for new customers.

Company CEO Reed Hastings told reporters Monday that the company's nearly 36 million current subscribers will continue to pay $8 per month for at least the next 12 months.

"When we look at the shows and movies that we will be able to get if we have a bigger budget, it's exciting," Hastings told The Associated Press in an interview Monday. "We want to make the service better and better so more people will join."

NETFLIX NOT SO FAST - I was surprised to hear the United States only had the eighth-fastest Netflix streaming speed in the world.

The U.S. ranks eighth with 2.2 Mbps, behind Netherlands, Sweden, Denmark, Norway, Finland, the United Kingdom and Uruguay, according to the company's latest ISP Speed Index, which is released monthly.

The report indicated that more than one million hours of Netflix content is viewed each month.

AEREO vs. BROADCASTERS - The Supreme Court is expected to hear arguments today on a case that could revolutionize the way you watch TV.

Aereo, a startup company, offers customers the opportunity to watch live, local television and save DVR recordings to a cloud server for rates starting at $8 per month.

The packages are limited to over-the-air channels, but represent a big savings over the cost of cable or satellite television.

Television networks are upset at the service and have sued Aereo, claiming copyright infringement and the case has gone to the high court.

Currently, Aereo is available in 11 U.S. cities, the only Ohio one being Cincinnati.

ROKU NOT BACKING DOWN - Several weeks ago, I wrote about the new Amazon Fire TV, which is supposed to challenge Internet streaming devices Roku and Apple TV for video streaming supremacy.

Roku for one doesn't seem concerned about the start of Amazon Fire TV.

"Roku, as always, remains focused completely on the best streaming experience, the best value and the most content," said Sasha Litvakov, a spokesperson for the company in a recent email.

Would you pay more for Netflix? Email me at cpugh@tribtoday.com and I'll publish your responses in a future column. Chris Pugh is a copy editor and blogger for the Tribune Chronicle. You can follow Tribtoday.com Tech Corner at www.facebook.com/TribTodayTechCorner and twitter.com/tribtechcorner

You can also connect with him personally at twitter.com/chrispugh3

 
 
 

 

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