Taylor Schablakse | Contributing Writer
“Netflix is one of the greatest inventions in the history of the world,” said an anonymous couch potato.
If you enjoy spending countless hours in front of your TV watching classic shows such as Breaking Bad, Friday Night Lights, That 70’s Show and much more, you just may agree with that statement.
For $7.99 a month you can stream hundreds of TV shows, movies, and documentaries instantly. No longer are we stuck going to Blockbuster to browse through the unorganized boxes of VHS tapes. As Netflix has increased in popularity throughout the last several years the number of paying subscribers has grown to 48 million.
With that increase, Netflix has announced it plans to increase prices for new subscribers. The company has stated that they plan to raise prices $1 or $2 for new members throughout the world.
It makes perfect sense for the price increase as Netflix is now selling at $348.49 a share. The opportunity to increase the price just slightly will almost certainly not stop any prospective subscribers from joining.
But, with the announcement last month that Apple and Comcast were in talks to team up for a similar TV streaming service, will Netflix continue to be the dominate site for streaming?
Netflix for years has controlled the TV steaming scene and has been able to grow at an incredible rate each year. This year has been no different as they have gained 2.3 million subscribers in the first 3 months.
If Apple and Comcast do indeed follow through with the idea of teaming up for a new TV streaming service, Netflix may just be in trouble. The Apple/Comcast team will be able to build upon the success Netflix has gained as one first companies of its kind while adding new features that Netflix may not provide.
As an avid Netflix viewer, I am certainly intrigued by the idea of Apple developing something newer and providing a wider selection of movies, and shows.