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.
Vegas shooter Paddock scouted Fenway Park
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.
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.
The inventor said he panicked and thought about suicide before deciding instead to dump her body at sea and sink the submarine. The findings were made about a kilometer from where her torso was found on August 21 after it washed ashore in Copenhagen .
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.
However, it has been confirmed now as it is written clearly in the footnotes of the Pixel 2 listing on Google store. Google recently unveiled its next generation of devices, including new phones, home assistants and a new laptop.
The Ghana squad includes debutants Kingsley Sarfo of Swedish side Malmo, USA-based Abass Mohammed, Kasim Nuhu of Swiss club Young Boys, Hearts of Oak defender Vincent Atinga and Inter Allies ace Isaac Twum.
Only 20 percent of the Republican's TV ads mentioning MS-13 or illegal immigration aired in the Washington, D.C., metro area. Virginia has elected only one Republican governor since 1997 and has gone blue in every presidential election since 2008.
As for what motivated the actions of his brother , Eric Paddock said he and his family are "still just completely befuddled". Still, the sister left open the possibility that Danley could provide information helpful to investigators.
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 .
But whether or not Bombardier's jets will face import duties of 300 percent, Boeing may have lost a major sale in Canada . The punitive tariffs will now have to be approved by the US International Trade Commission (ITC) early next year.
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.
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.
I'm in the best form of my career, says Kane
In an England shirt, surrounded by players of similar mediocrity, their limitations become all too apparent. Both teams can still qualify from that group, as can Turkey and Iceland who are playing each other.
Bale Absence Felt In Wales Win Over Georgia
WALES must prove they are no one-man team in order to reach their first World Cup finals since 1958. And with the home crowd behind us in Cardiff on Monday night, there's only one conclusion.
Argentina misses world cup for the first time in 48 years
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.