LexRank Summarization
- The company also will increase the cost of its cheapest plan, the basic tier that streams to only one device in standard definition, by a buck to $9 a month from $8, the first increase to that entry-level price in almost eight years.
- Without enough money coming in from members to fund all its investments, the company has been taking on large sums of debt to keep expanding the number of shows and movies it makes and to continue upgrading its product.
- The move enraged its members, and a chastened Netflix ultimately aborted the spinoff idea, but not without losing 800,000 subscribers and 77 percent of its stock's value in four months.
TextRank Summarization
- The company also will increase the cost of its cheapest plan, the basic tier that streams to only one device in standard definition, by a buck to $9 a month from $8, the first increase to that entry-level price in almost eight years.
- The DVD spinoff would be called Qwikster, and rather than a combined $10 bill for both, customers would pay $8 for each, essentially dropping what felt like a $6 increase on customers out of the blue.
- Updated at 9:56 a.m.