Patterson maintained his outperform rating on Netflix and his $205 12-month price target.
The company said the price change is reflective of its increased offerings.
Prepare to pay more for that Netflix fix. Those on the other two tiers will have to bear with a $1-$2 price hike starting October 19.
Wedbush's Michael Pachter, who is bearish on Netflix, said he doesn't expect the hike to push subscribers away, but thinks attracting new subscribers will be more hard and expects net adds to be down year-over-year in 2018.
Shares of the Silicon Valley-based company jumped more than four percent to $192.44 in trading following news of the relatively small price hike. Users will have 30 days to accept the new rate, change their plans or cancel the service. The lower-tier plan, which allows for only SD streaming, stays where it is at $7.99 per month. The basic, non-HD UK subscription will remain at the current price of £5.99. The company is spending around $6 billion on programming this year, projected to rise to $7 billion in 2017.
2000 mining licenses in Saudi Arabia worth $66 billion
An MOU was also signed with LITASCO, the Swiss-based worldwide and marketing arm of Lukoil, one of Russia's largest oil companies. Among the elements of the MoU are LNG trade, LNG value chain and exploration / development as well as product storing.
Last year, Netflix raised its standard HD plan to $9.99 per month, up from $8.99.
Reports indicate that the standard Netflix subscription, which is currently priced in at $9.99 per month is going to go up by a dollar and will now cost $10.99.
Bombardier Inc. accused the Trump administration of overreach by siding with Boeing in its bid to shut the CSeries commercial jet from the world's largest airline market by effectively quadrupling the price of any of the planes sold in the United States. In 2011, they offered a DVD and streaming service for under $10.
Pachter thinks Netflix's price increases would be more likely to dissuade potential new subscribers, and that Amazon and Hulu may draw those customers to their services instead. "I don't think we'll see an immediate impact (on Netflix subscriber numbers), but this could affect subscriber growth in the first or second quarters (next year) for Netflix". So there's that, T-Mobile's Netflix On Us promotion will still be available even with Netflix's prices increasing.
It can be considered as a bad day which cost Pakistan the first Test; not even that, those match was in the bad sessions. Sri Lanka ended day one on 254/3 and will continue batting on Saturday at 15:30 local time or 11:30 GMT.
Three children and three women were among those killed, the group said Friday, blaming IS for the attack. Meanwhile, activists said the IS is calling for backup to fend off the army offensive on Mayadeen.
Argentina are level on points with fifth place Peru and just a point behind third-place Chile and fourth place Colombia . Brazil have been on fire and they top the group with 38 points, having secured qualification some six months ago.
Kempt is a redshirt senior quarterback who got the start because starter Jacob Park took a leave of absence from the team. The Sooners moved 72 yards on 11 plays in their second series , scoring on a 15-yard Mayfield to CeeDee Lamb pass.
United Nations chief Antonio Guterres praised ICAN s win, tweeting: "Now more than ever we need a world without nuclear weapons ". North Atlantic Treaty Organisation gave a chilly reception on Friday to nuclear disarmament group ICAN's Nobel Peace Prize win.
Atletico Madrid's Thomas Partey has been a vital player for the Western African side with four goals in the tournament so far. However, with 8 points from five outings, their campaign could be all over if Group E leaders Egypt defeat Congo on Sunday.
The California Values Act passed last month in the state Legislature and was signed by the governor among a package of 11 bills. California has more than 2 million undocumented immigrants , according to the Public Policy Institute of California .
Pai said that this includes the "the rebuilding of communications infrastructure and restoration of communications services". Musk is in talks with Ricadro Rossello, the island's governor, about what could be done.
I try just to not think too much about that, to stop thinking, because you feel the pressure when you're thinking too much. She displayed an nearly ideal play in Beijing , where back in 2012 she lost to Sharapova in two sets.
ABC News reports that there is no indication that Paddock traveled to Boston despite internet search for hotels near Fenway Park. Fenway Park gates for Game 3 of the ALDS between the Red Sox and Astros open at 12:38 p.m., exactly two hours before game time.
Earlier in the day, the duo called on Prime Minister Narendra Modi and held delegation level talks to improve India-EU ties. It said they were also looking forward to a resumption of exercises between European Union and Indian naval ships.
Plot to target New York Concerts and Landmarks Foiled
Prosecutors told a New York court the three men wanted to target heavily populated areas of New York City during Ramadhan in 2016. AN ISIS-inspired terror plot targeting Times Square and other major NY landmarks and trains has been foiled, authorities said.
Jackie Chan Teases 'Rush Hour 4': "We Just Agreed"
For the last seven years we have been turning down the script, turning down the script. "Yesterday, we just agreed", he said. He said he expects a second draft of the script that finally passed muster by the end of this month.
U.S. vs Panama live streaming free
They'd have to wait out the results of Honduras' final matches, but they'll be underdogs against both Mexico and Costa Rica. The team that finishes in fourth place will face either Syria or Australia in a playoff, with the victor also qualifying.