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Netflix to increase prices following actors’ strike resolution

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Netflix, the renowned streaming giant, is preparing to implement a price hike for its subscribers once the recent actors’ strike concludes.

Sources within the company have revealed that this move is aimed at offsetting the substantial production costs and wage demands that arose during the strike.

The strike, which lasted for several weeks, disrupted the production of numerous Netflix original series and films, causing delays and financial pressures. Negotiations between the streaming service and actors’ unions have finally yielded a resolution, with agreements made on pay scales and working conditions.

In response to the financial toll the strike has taken on the company, Netflix is planning to raise its subscription fees by up to 15% across various tiers. While this may concern some subscribers, Netflix remains committed to delivering high-quality content, and the price adjustment is seen as necessary to maintain the platform’s extensive library and production standards.

With competition in the streaming industry intensifying, this price increase will be a crucial factor in determining Netflix’s future profitability and ability to continue investing in original content.

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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Trump and Biden agree to a double debate showdown

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Former President Donald Trump and current President Joe Biden have agreed to participate in two debates in June and September.

On this episode of Ticker Hot Shots – Former President Donald Trump and current President Joe Biden agree to a double debate, Trump backs AUKUS, MacDonalds creates a price friendly meal and Prince Harry faces the financial music. #featured #trending #hotshots

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