June 20, 2016

$2 Netflix Price Hike Starts in July

It’s finally happened. We knew the Netflix rate change was coming. They’ve been talking about it for months, but it is official. Effective July 18, 2016, some subscribers’ rates will go up $2 a month. The streaming video company explains it clearly in this email notice sent yesterday. In a second email, also sent yesterday, Netflix explains that the standard plan (two screens at a time + HD viewing) will be $9.99, effective July 18, 2016. It directs users to their online accounts for additional information about their membership and to the Help Center for more information. Yet none of the links in the two emails direct subscribers to an explanation for the rate change or the terms.

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Disrupting Markets Without Killing Them

Russel Perkins discusses how Vivino has licensed its image recognition technology to Magnus, who in turn has created a market disrupting app for the art world. What is most fascinating about Magnus is that while technically its a disruptive data play in the art market, its not meant to displace galleries. The simple objective of Magnus is to get galleries to be more open about their pricing in the belief that this will make buying art less intimidating to the average consumer and grow art sales overall.

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