Netflix raising prices on standard and premium plans amid booming growth

Netflix is raising most of its U.S. prices by 8% to 13% as its video streaming service rides a wave of rising popularity spurred by government-imposed lockdowns that corralled people at home during the fight against the pandemic.

The increases imposed Friday boost the cost of Netflix’s most popular U.S. streaming plan by $1 to $14 per month, while a premium plan that allows more people to watch the service on different screens simultaneously will now cost $2 more at $18 per month. Netflix’s basic U.S. plan remains at $9 per month. It marks Netflix’s first price changes in the U.S. since an increase rolled out early last year.

New U.S. subscribers will be charged the higher prices immediately, while the increases will affect existing customers in phases during the next few months. Netflix ended September with 73 million subscribers in U.S. and Canada, with the overwhelming majority located in

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HK Estate Announces Asset Management and Asset Enhancement Plans for 2021

HONG KONG, Oct. 30, 2020 (GLOBE NEWSWIRE) — Recently, HK Estate, one of the peak performers in the real estate industry in Asia, announces its asset management plans for 2021. HK Estate actively acquires assets to strengthen the overall portfolio of the firm and to expand business presence into various markets. Acquired assets have historically had a track record of stable income with high growth potential.

Asset management

Through a vast network of local partners, HK Estate focuses on managing real estate assets worldwide. Each local partner is an expert in their domestic market. This enables HK Estate to secure the highest-potential real estate deals globally from their headquarters in Hong Kong. It is essential that each real estate opportunity synergises with HK Estate’s existing portfolio and strengthens the overall return prospects of the firm.

Asset enhancement

Asset enhancement unlocks the full potential of HK Estate’s real estate assets and

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Netflix Announces Higher Prices for the Standard and Premium Plans, Now $14 and $18 respectively

Netflix is ​​now more expensive, at least in the United States. The famous streaming service has indeed decided to adjust the prices of its subscriptions where it hurts the most: the two more affordable plans. The standard plan now costs $14 per month, a dollar more than before, while the premium plan is up by two dollars, reaching $18 per month.

Netflix Announces Higher Prices in the United States for the Standard and Premium Plans

Netflix

Netflix justifies itself by saying in practice that this increase will serve to guarantee a higher quality of service; so according to them it is for the sake of the users.

Here’s their full statement:

We understand people have more entertainment choices than ever and we’re committed to delivering an even better experience for our members. We’re updating our prices so that we can continue to offer more variety of TV shows and films –

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Netflix is raising prices for its standard and premium plans

NEW YORK (CNN) — Netflix’s prices are going up.

The streaming media company is raising the prices on its standard and premium plans for US customers. Its standard plan is now $14 a month, up $1 a month from last year.

Its premium subscription will go up $2 to $18 a month. Its basic plan remains unchanged at $9 a month.

Netflix’s stock rose 5% following the news.

The new prices will take effect starting immediately for new members while current members will be notified that their subscription is going up as it rolls out over the next few months.

“We understand people have more entertainment choices than ever and we’re committed to delivering an even better experience for our members,” a Netflix spokesperson said in a statement. “We’re updating our prices so that we can continue to offer more variety of TV shows and films.”

The spokesperson added that

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Netflix raises prices for standard and premium plans

(CNN) — Netflix’s prices are going up.

The streaming media company is raising the prices on its standard and premium plans for US customers. Its standard plan (streaming on 2 screens, HD available) is now $14 a month, up $1 a month. Its premium subscription (4 screens, Ultra HD) will go up $2 to $18 a month.

Its basic plan, allowing viewing on one screen at a time, remains unchanged at $9 a month.

Netflix’s stock rose 5% following the news.

The new prices will take effect starting immediately for new members while current members will be notified that their subscription is going up as it rolls out over the next few months.

“We understand people have more entertainment choices than ever and we’re committed to delivering an even better experience for our members,” a Netflix spokesperson said in a statement. “We’re updating our prices so that we can continue

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Netflix is raising prices for its standard and premium plans | Entertainment

me shows facing delays in production and others facing cancellation altogether because of issues brought on by the pandemic.

Netflix canceled the second seasons of both “I Am Not Okay With This” and “The Society,” and the fourth and final season of “GLOW.” Comedy Central stopped production on the seventh season of “Drunk History,” ultimately canceling it, and Showtime stopped working on “The President Is Missing,” a TV adaptation of the political thriller novel by James Patterson and President Bill Clinton.

On the slightly bright side, with the introduction of so many streaming services in the last several years, TV fans have an endless library of titles available to them at their fingertips, which can actually present an unforeseen challenge—which one are you going to choose? A current series or an older classic? A five-minute show like the series on the short-lived, short-form streaming service Quibi, or a lengthy episode

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OVERNIGHT DEFENSE: Administration notifies Congress it plans to approve F-35 sale to UAE | VMI votes to remove Stonewall Jackson statue after allegations of racism

Happy Thursday and welcome to Overnight Defense. I’m Ellen Mitchell, and here’s your nightly guide to the latest developments at the Pentagon, on Capitol Hill and beyond.



a fighter jet sitting on top of a runway: OVERNIGHT DEFENSE: Administration notifies Congress it plans to approve F-35 sale to UAE | VMI votes to remove Stonewall Jackson statue after allegations of racism| House defense panel chairman: Trump has 'no plan' to leave Afghanistan by Christmas


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OVERNIGHT DEFENSE: Administration notifies Congress it plans to approve F-35 sale to UAE | VMI votes to remove Stonewall Jackson statue after allegations of racism| House defense panel chairman: Trump has ‘no plan’ to leave Afghanistan by Christmas

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THE TOPLINE: The Trump administration is moving ahead with a planned F-35 fighter jet sale to the United Arab Emirates (UAE), a move that could potentially tip the scales of military power in the Middle East.

House Foreign Affairs Committee Chairman Eliot Engel (D-N.Y.) on Thursday confirmed that the administration had informally notified Congress of the sale, which would allow the UAE to buy the fifth-generation fighter jet, currently owned only by Israel

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Netflix hikes prices for its standard and premium plans

In a move that was widely anticipated, Netflix announced Wednesday that it’s raising the price of its standard and premium subscription tiers in the U.S., its first such price hike in nearly two years.

The Verge is reporting that Netflix’s standard plan, which offers two simultaneous 1080p-quality video streams, will now cost $14 a month, a $1 price hike. Meanwhile, the streaming giant’s premium plan, which allows for up to four 4K streams, is now $18 a month, up from $16. The least expensive “basic” plan is still set at $9.

The price increase arrives just a couple of weeks after Netflix nixed its free 30-day trial offer, and it also comes on the heels of recent Netflix price hikes in Canada.

It’s not yet clear how the new prices will affect existing Netflix subscribers. According to The Verge’s report, the Netflix price hike will be effective immediately for new

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Newport Beach developer seeking to buy Sonoma County’s Chanate Road property quiet about development plans

The Southern California company at the center of Sonoma County’s latest effort to sell its former hospital site along Chanate Road specializes in multipurpose development, and brings a group of real estate heavy hitters with a track record of major builds.

Sonoma County supervisors on Oct. 13 selected Newport Beach-based Village Partners’ $7.8 million bid to buy the county’s 72-acre Chanate Road property, setting in motion a 60-day period to review the details. Barring unforeseen circumstances, both sides have circled Dec. 31 as the date to close the deal for the property to finally change ownership.

However, for a county that has faltered amid negotiations to offload the property to three previous potential buyers, the deal seems far from done, especially, some local leaders said, given Village Partners’ unfamiliarity with the problematic property.

This costly site to maintain in northeast Santa Rosa largely has been abandoned and one that county

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White House plans to fast-track restrictions on contractor diversity training — FCW

Acquisition

White House plans to fast-track restrictions on contractor diversity training

 

The Federal Acquisition Council is working on a “deviation clause” to implement President Donald Trump’s executive order cracking down on diversity and inclusion training for federal contractors.

Officials in the White House-based Office of Federal Procurement Policy told contractors and trade association representatives about the planned approach on a Oct. 22 conference call. OFPP executives said the deviation clause was needed because the FAR Council won’t have time for a traditional comment period; Trump’s executive order sets a 60-day deadline for putting the new and highly controversial rules into effect. The regulation is due to take effect on Nov. 21.

The fast-track deviation clause memorandum is likely to be followed up by a Federal Acquisition Regulation rulemaking case, officials said, which would include a comment period. Typically a FAR Council

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