Topic: Netflix
Title: Netflix raises prices
Article Source: CNN
Summary: It’s going to start costing a little more than usual to use Netflix. The streaming TV service said it is raising the cost of its standard plan, which allows customers watch programming on two devices at the same time, from $8.99 a month to $9.99.
The price hike affects new customers in the U.S., Canada and Latin America. Current subscribers aren’t going to see their bill go up until next year. Netflix said it’s raising the price so it can add more TV shows and movies to its service.

Reaction: I’m a Netflix customer, and I believe it’s a great idea to pay a couple of dollars more each month in order to get more shows on Netflix. I feel that this event is much needed. This event doesn’t really effect me, I will just have a bigger and better choice when I get on Netflix.

World Impact: The price hike affects new customers in the U.S., Canada and Latin America. It doesn’t really impact the world it hair impacts the Netflix customers around the world.