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The streaming service sent emails this week to US subscribers about price a increase that lands in May. Netflix announced the price hikes in January, and said the increased revenue will help the streaming service add more television shows and movies. The email to subscribers is a reminder that each of Netflix's plans in the United States will increase between $1 to $2 over the next billing cycle.
Netflix also won 23 total Emmys for shows including"The Crown,""Stranger Things" and"GLOW" in 2018. Netflix tied for the most Emmy wins last year with HBO, which previously held the record. Investors initially rewarded the company for increasing prices. The stock jumped 6% after the January announcement and has been trading mostly higher ever since. Members who joined after the increase was revealed already have been paying the higher prices.
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