General News
Meropi Kyriacou Honored as TNH Educator of the Year
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
NEW YORK — Netflix is raising prices for its video streaming customers in the US and Canada, less than a year and a half since its last price increase, as competition from other streaming services increases.
The Los Gatos, California, company said Friday that prices are going up by $1 to $2, depending on the plan. The “standard” plan that most people take is increasing by $1.50, to $15.50. The Canadian version is going up by the same amount in local currency, to $16.50 Canadian dollars.
Price increases are becoming more of a regular feature at Netflix, which is facing saturation in the U.S. market. Of Netflix’s 213.5 million subscribers, some 74 million are in the U.S. and Canada. It got an influx of global subscribers early in the pandemic, but is investing in video games as it looks beyond movies and TV for growth.
In the U.S., Netflix’s most expensive plan is increasing by $2, to $20; its basic plan is up $1, to $10. The plans vary based on variables like the number of screens users can watch Netflix on at the same time and the number of phones or tablets that can have downloads. The company still mails out DVDs in a service that requires a separate plan.
The price increase is effective as of Friday. Netflix will tell customers by email and inside the Netflix app before the new price is applied to them. Customers in New York, Alabama and Louisiana also got hit with a new local sales tax bill, which Netflix says was because of the addition of video games to the service.
Raising prices carries the risk that people will cancel. Netflix remains the dominant U.S. streaming service, but others, such as HBO Max and Disney+, have increased in popularity.
Netflix shares gained in late trading after news of the price increase came out. The stock closed up $6.49, or 1.3%, to $525.69. The company reports its fourth-quarter financial results Thursday.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
KYIV, Ukraine (AP) — Three Russian missiles slammed into a downtown area of the northern Ukrainian city of Chernihiv on Wednesday, hitting an eight-floor apartment building and killing at least 13 people, authorities said.
TORONTO - Toronto Raptors player Jontay Porter was banned for life from the NBA on Wednesday after a league probe found he disclosed confidential information to sports bettors and wagered on games, even betting on the Raptors to lose.
JERUSALEM — Israeli Prime Minister Benjamin Netanyahu said Wednesday his country would be the one to decide whether and how to respond to Iran’s major air assault earlier this week, brushing off calls for restraint from close allies.
WASHINGTON — President Joe Biden said Wednesday he strongly supports a proposal from Republican House Speaker Mike Johnson to provide aid to Ukraine, Israel and Taiwan, sending crucial bipartisan support to the precarious effort to approve $95 billion in funding for the U.
BRUSSELS - European Union leaders over a two-day summit of the special European Council will discuss economic and competitiveness issues in Ukraine, Türkiye, the Middle East and Lebanon, stated Prime Minister Kyriakos Mitsotakis upon his arrival in Brussels on Wednesday night.