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Netflix’s January 2019 price hike, which increased subscription costs by up to 18%, was the largest in its history. Despite concerns, many users continued their subscriptions due to Netflix’s extensive content library and frequent new releases¹². The price increase was driven by rising production costs and competition from new streaming services. While some users considered canceling, the overall impact on subscriptions was minimal¹. For many, the service remained worth it due to its diverse and engaging content.
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For more information visit:
(1) Netflix Price Hike: How it Could Affect the Stock — SnoQap. https://www.snoqap.com/posts/2019/2/13/netflix-price-hike-how-it-could-affect-the-stock.
(2) The Complete History of Netflix Price Hikes – From 2007 to now. https://flixed.io/netflix-price-hikes.
(3) Why Netflix’s Prices Went Up In 2019 (& Why It’ll Get Worse) – Screen Rant. https://screenrant.com/netflix-price-increase-explained-why-worse/.
(4) en.wikipedia.org. https://en.wikipedia.org/wiki/Netflix.
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