Netflix keeps getting more expensive — and HBO seems to think that’s great news for its own business. During the earnings call for HBO Max parent AT&T on Wednesday, the company’s chief executive John Stankey said the higher price of competitors will help HBO grow in the US.
“We said the market was going to come to us on pricing, and lo and behold, we are no longer the high-priced offer in the market,” Stankey said. “The nice part about that is we think it’ll allow us to have domestic growth as we move forward.”
While he didn’t specifically cite Netflix, the company recently raised its prices across all of its plans, bumping its popular standard plan to $15.50 from $14 per month. Its 4K plan, meanwhile, now costs $20 per month. That means...
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