Here’s Why Your Netflix Subscription Rate is Going Up

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Netflix’s gamble to create its own original content is apparently paying off—and soon you might be paying more.The widely-popular Internet streaming service added 2.25 million domestic subscribers in the first quarter of this year, and reportedly surpassed its predictions internationally by adding 1.75 new streamers. Netflix currently has 48 global members—35.7 million of which reside in the United States.In a letter to shareholders, the Los Gatos, California-based streaming company touted its original programming initiatives, such as the political thriller House of Cards, which debuted its second season in February and “attracted a huge audience that would make any cable or broadcast network happy,” Netflix said.Netflix also mentioned its critically-acclaimed documentary The Square, about the revolution in Egypt, which earned an Oscar nomination but failed to win the award.Nevertheless, Netflix apparently still intends to increase by one or two dollars its streaming subscription rate later this quarter for new members only—for now.It appears existing U.S. members will be hit with the “for new members only” increased rate in the future, but Netflix will continue charging a monthly rate of $7.99 for a “generous time period,” Netflix said.The company provided two explanations for increasing its rates:It saw limited impact in a January price increase for new members in Ireland.Increasing prices will improve Netflix’s ability to acquire more content.Netlix seems especially proud of the content it exclusively streams to its members. Orange is the New Black, a prison dramedy, will debut its second season on June 6, and season 2 of Hemlock Grove will also premiere this summer. Netflix will also air the final six episodes of the former AMC crime drama The Killing, which has had a rocky relationship with its fan base—to say the least.last_img read more

6 killed in Bacolod pension house fire

first_imgExecutive Assistant Jomarie Vargas,cluster head of the City Disaster Risk Reduction and Management According to Bascon, they occupied thebuilding in 1965 and stayed for about 40 years before they moved out. Theestablishment was leased by Don Bagatsing to the Java family, he said. The victims, according to Ploteña,were probably suffocated and were not able to find the fire exit due to panic. BACOLOD City – Six persons diedincluding a minor after they were trapped inside a burning five-storey pensionhouse here early Tuesday morning. He disclosed that the blaze isconsidered as the worst in Bacolod City this year, with estimated damage peggedat around P8 million. * Christopher Java, 33 (owner) * Christian Java, 12 (son) * Magdalena Java, 73 (mother) * Ronalyn Dacalio, 43 (housekeeper) * Arnold Felomino, 58 Four persons – including an Australiannational – were also injured. They were rushed to a hospital here, saidPloteña, adding that they have yet to determine their identities as of presstime. Vargas said that Mayor EvelioLeonardia had set a meeting today, Nov.27 together with the CDRRMO, BFP andother concerned agencies for the creation of a task force in relation to thefire incident./PN It took about five hours before theblaze was put out, Ploteña said. Office (CDRRMO), said that the deathcould have been evaded if there was a fire alarm. “We are still in the process ofgathering witnesses and reviewing close circuit television cameras to determinethe cause and origin of the blaze,” the fire marshal said. The Bureau of Fire Protection (BFP)identified the fatalities as the following: Java Pension House house was formerlyknown as the Bascon Hotel. * Chinese national who was onlyidentified as “Mr. X,” 50 Dodong Bascon, formerly the owner ofthe said hotel, stood emotional when he visited the ruins of the building. The aftermath of fire that hit a pension house in Bacolod City early morning on Tuesday. Archie Rey Alipalo/PN According to city fire marshal PublioPloteña, the fire broke out around 4:37 a.m. at the ground floor area of theJava Pension House owned by Christopher Java. last_img read more