This discussion is based on the video. “Netflix Raises Prices to Fight the Future..” Answer all...

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This discussion is based on the video. “Netflix Raises Prices toFight the Future..” Answer all of the following questions.

  1. Why did Netflix raise their prices? What was the reaction?
  2. Explain the competitive landscape of streaming services.
  3. At what price point will customers leave Netflix and drop theservice?
  4. Who is your internet provider and streaming service? Why?

Answer & Explanation Solved by verified expert
3.6 Ratings (624 Votes)
Answer 1 Netflix is spending more and more money to keep getting quality content on their platform to boost subscriptions It spent 8 Billion 2018 which was way more than the competition and hence need revenue to be able to to stay afloat    See Answer
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