News on Netflix prices, “Obamacare” and a light bulb change in 2014.
Quote of note
"The new plan likely has at least two goals: 1. Attract the more value conscious consumer. 2. To more effectively compete with Amazon Prime." - Analyst Arvind Bhatia, talking about Netflix’s plan to change its pricing structure. Netflix will offer a $6.99 streaming plan that prohibits accounts from using more than one screen at a time. The current monthly fee is $7.99, which allows for two screens at the same time. Netflix hopes to raise more money to create more original content and buy more movies and TV shows.
News to know
Health Secretary Kathleen Sebelius announced today that about 2.1 million people have signed up for “Obamacare,” three months into the sign-up period. The Obama administration originally expected 3 million subscribers by this point, but glitches with the website likely put a dent in the number.
Hot video: Lights out for 60- and 40-watt bulbs
Production of the 60- and 40-watt incandescent light bulb will end starting in January. Yet one manufacturer claims only 40 percent of people it surveyed are aware of the changes.
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