A Content Powerhouse
Hot off a tremendous showing at The 69th Primetime Emmy Awards show, Netflix is raising its prices. The streaming service was nominated for 25 Emmys and took home 20, beaten only by HBO. The network has gained substantial recognition for original content. With the ability to assess users preferences for actors, writers, genres, and story theme, it comes as no surprise that Netflix has been able to capitalize on its position. Beginning with the highly acclaimed House of Cards release in 2013, Netflix continues to release quality content. The network gained further recognition with Orange is the New Black and Stranger Things.
From Founding to Streaming
The company was founded in 1997 and initially only served as a mail-in DVD service. After disrupting the brick and mortar rental industry, Netflix set its sights on streaming content and original programming. Netflix’s debut original programming was House of Cards. The show follows Frank Underwood (Kevin Spacey) as he seeks to gain power in the nation’s capital. It received 33 Primetime Emmy Award nominations, including Outstanding Drama Series, Outstanding Lead Actor, and Outstanding Lead Actress. The show received 8 Golden Globe Award nominations.
Netflix also released the highly anticipated follow-up season of Arrested Development and Lilyhammer. Another mainstay of the network is Orange is the New Black, about a female minimum-security prison. It received 12 Primetime Emmy Awards nominations, 6 Golden Globe nominations, 6 Writers Guild of America Award nominations, and more.
More recently, the network released Stranger Things. This paranormal suspense thriller received wide critical acclaim and 18 Primetime Emmy Award nominations just for the first season!
Netflix will be raising prices for two of its three streaming tiers. The middle plan, HD streaming on up to two devices, will hit $10.00/mo. The highest plan, 4k streaming on up to four devices, will hit $13.99.