Brazil: Netflix to increase monthly subscription price

Posted on April 5, 2013 • Filed under: Brazil, Business

Netflix Forced to Increase Monthly Service Costs in Brazil

Netflix, the world’s largest online streaming video service, states it will increase monthly services from R $14.99 to R $16.90 for new subscribers as means of adding additional movies and TV shows to its services. Already registered subscribers will continue to pay the original same value until August 1st, given they do not terminate the current subscription. Since its operations in Brazil in 2011, subscribers receive a free month subscription prior to paying the full amount for the following months. Read Article

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