[Legendkiller2k]

Netflix may be raising prices again. https://popculture.com/streaming/new...es-soon-again/

Netflix subscribers may be shelling out a little more money to tune into their favorite series. According to recent reports, the streaming giant is planning yet another price hike that could potentially be coming sooner rather than later, much to the disdain of viewers.

Yahoo Finance reports that the streaming service is planning to raise its subscription prices to boost revenue. Citing a new note to clients from Jefferies analyst Brent Thill, the streamer could be raising prices by $1 to $2 "in all four of its geographies," which could bring in an additional $500 million to $1 billion in extra sales in 2021. The price hike is expected to bring only a minimal loss in subscribers, as Netflix has an expansive content catalog and has put increased focus on its original content, meaning to view those original titles, people must have a Netflix subscription.

While Netflix has not yet confirmed such a price hike, Netflix COO Greg Peters, during its earnings report in August, implied that a subscription plan price increase could be coming. He cited the streamer's growing original titles library as the reason for a potential increase.