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Netflix raises prices for U.S. subscribers

Netflix Inc (NFLX.O) is raising monthly fees for its U.S. subscribers by between 13 percent and 18 percent, the video streaming pioneer’s first price increase since 2017 as it spends heavily on original content and international expansion. Prices for its popular standard plan, which allows streaming on two devices at the same time, will be increased to $12.99 per month from $10.99, the company said in a statement. Netflix shares rose 6.5 percent to $354.56 in afternoon trading, adding to their 30 percent rise so far…

Google looking to help news outlets win subscribers

SAN FRANCISCO: Google is seeking ways to help publishers win paying subscribers for news stories, a person close to the matter told AFP. To this end, the US internet giant is collaborating with NewsCorp, the Financial Times, and the New York Times, according to the source. Google was said to be ramping up its support for subscription services in recognition of the fact that such revenue is vital for publishers who can't rely on advertising alone for financial survival. Google declined to comment on word of this…