{"id":1217323,"date":"2022-01-14T20:20:40","date_gmt":"2022-01-15T01:20:40","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1217323"},"modified":"2022-01-14T20:20:48","modified_gmt":"2022-01-15T01:20:48","slug":"netflix-subscribers-feel-bidenflation-squeeze-as-new-price-hikes-take-effect","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/netflix-subscribers-feel-bidenflation-squeeze-as-new-price-hikes-take-effect\/","title":{"rendered":"Netflix Subscribers Feel Bidenflation Squeeze as New Price Hikes Take Effect"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnetflix-subscribers-feel-bidenflation-squeeze-as-new-price-hikes-take-effect%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1217323&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/01\/netflixbidenflation1-640x335-1.jpg\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p class=\"subheading\">Bideninflation is streaming now on Netflix as the company has announced a new round of price hikes that will impact all domestic subscribers.<\/p>\n<p>Netflix \u2014 whose top executives are closely allied with Democrats, including Barack Obama \u2014&nbsp;announced Friday it will raise the price of its monthly subscriptions in the U.S. and Canada, with its&nbsp;premium plan rising from $17.99 to $19.99. &nbsp;The&nbsp;cost of the basic plan is going up $1 to $9.99, while the standard plan will increase from $13.99 to $15.49.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>The new prices apply immediately to new members and will roll out gradually for all existing members who will receive an e-mail notification 30 days before their price changes, unless they change their plan, according to the company.<\/p>\n<p>Netflix\u2019s top executives are among the most lavishly paid in Hollywood.<\/p>\n<p>Co-CEO Ted Sarandos&nbsp;is set to receive compensation of $40 million for 2022, while chairman and fellow co-CEO Reed Hastings will get $34 million. Both are among Hollywood\u2019s biggest Democratic fundraisers, supporting the presidential campaigns of Joe Biden, Hillary Clinton, and Barack Obama, as well as prominent California politicians, including Gov. Gavin Newsom (D).<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>Hastings&nbsp;<a href=\"https:\/\/www.breitbart.com\/entertainment\/2021\/05\/21\/netflix-co-ceo-reed-hastings-gave-3-million-to-help-gavin-newsom-beat-recall\/\">donated<\/a> $3 million to help Gov. Newsom (D) fight off last year\u2019s recall effort \u2014 the largest amount to&nbsp;the Stop The Republican Recall fund.<\/p>\n<p>The price increases sent shares of Netflix up more than 1 percent on Friday.<\/p>\n<p>As Breitbart News <a href=\"https:\/\/www.breitbart.com\/entertainment\/2021\/07\/21\/netflix-loses-nearly-half-million-domestic-subscribers-as-streamer-pushes-more-woke-content\/\">reported<\/a>,&nbsp;Netflix lost nearly a half million domestic subscribers during the second quarter last year in a surprising consumer rebuke.&nbsp;The exodus reflected growing public disenchantment with woke content as well as Netflix\u2019s rising prices and over-hyped titles.<\/p>\n<p>Most of Netflix\u2019s subscriber growth is coming from Asia as the U.S. market has been mostly tapped out. Subscriptions are the metric by which Wall Street judges Netflix\u2019s financial outlook since they are the best indicator of future cash flow.<\/p>\n<p>Netflix continues to have a production deal with former President Barack Obama and Michelle Obama. The former first couple have produced documentaries for the streamer \u2014 including the Oscar-winning <em>American Factory<\/em> \u2014 and are developing scripted dramatic series.<\/p>\n<p><strong><em>Follow David <\/em><\/strong><strong><em>Ng on Twitter&nbsp;<a class=\"x5l\" href=\"https:\/\/twitter.com\/HeyItsDavidNg\" target=\"_blank\" rel=\"noopener external\">@HeyItsDavidNg<\/a>. Have a tip? Contact me at&nbsp;<a class=\"c-link x5l\" href=\"mailto:dng@breitbart.com\" target=\"_blank\" rel=\"noopener external\">dng@breitbart.com<\/a><\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bideninflation is streaming now on Netflix as the company has announced a new round of price hikes that will impact all domestic subscribers. Netflix \u2014 whose top executives are closely &#8230;<\/p>\n","protected":false},"author":22,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1217323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1217323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1217323"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1217323\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1217323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1217323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1217323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}