Netflix planning on raising prices again

Business

You may need to make more room in the budget for your streaming services.

Netflix plans to raise rates for its customers again.

The streaming service will increase plans in the United States by $1 to $2 over the next billing cycle.

Related Content: Netflix to Raise Prices for 58 Million Subscribers

Netflix said the increased revenue will help it add more television shows and movies.

The company has been investing heavily in original content.

It budgeted $8 billion for new shows and movies in 2018.

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