Netflix plans to raise the price of its ad-free streaming tier following the conclusion of the ongoing actors strike, according to the Wall Street Journal. The move would follow similar price hikes by competitors.
Netflix (NFLX) is considering raising prices for its ad-free streaming plan after the conclusion of the Hollywood actors' strike, according to the Wall Street Journal. Yahoo Finance Entertainment Reporter Alexandra Canal details the streaming service's price hike decision, examining rising subscription costs in the streaming space over the past decade. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
In the latest trading session, Apple (AAPL) closed at $172.40, marking a -0.78% move from the previous day.