Netflix (NASDAQ: NFLX) is rasing its subscription prices for American customers. Two of the three available plans have already seen their monthly fees increased by a buck or two for new subscribers. Existing customers will see the higher fees take effect over the next couple of months.
It’s obvious that Netflix itself hopes to gain something from this price increase. But the company does not operate in a vacuum. Here’s why a handful of companies not named Netflix should applaud this pricing change.