Netflix Is Going To Raise Prices

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Get over it.

Netflix is sort of like the MTA — they are both necessary, thus they can raise prices at will and you can’t do nothing about it! Except when the MTA raises fares it usually means their service is going to get worse, Netflix is promising the opposite. They claim that these new dollars will make Netflix even better!

That’s right, the video streaming giants are going to raise prices “a dollar or two” for new subscribers. And guess what, nobody should feel bad about this. If Netflix wants to raise subscriptions to nine bucks and a basket of fruit they should because if you are still stealing Netflix credentials from loved ones, you need to grow up and get your own.

You may recall the last time Netflix changed its fee structure it was met with the same backlash that Facebook would receive when it would change the layout of your stupid homepage.

Well this time they are doing it right, they are gentler this time and only charging more to new subscribers. Current users will be locked in at the current fee for two more years — and by that time I’m sure there will be some other cool new thing that will make Netflix obsolete.

If you are a shareholder or just want to waste some time reading Netflix’s shareholder letter, here it is. Oh, and NFLX shares were up after hours.

 

Tuesday Morning Link Sprinkle

Start your Tuesday off right with some of the most interesting stories in the hustle with our link sprinkle. And enough peeps already, it’s beach season.

The summer reading list for entrepreneurs is here.

Pay your darn interns for Pete’s sake.

Netflix stream prices are going up for new customers.

How all those hours at the cube farm has shaped American life.

Ways for men to get the most out of their clothes.

 

Game Changer: Walmart To Sell Budget Friendly Organic Food

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Say what you want about the so-called “evil forces” of Walmart, but perhaps they’re doing a good thing here by selling affordable organic foods. When it costs more for a dollar menu burger than it does a head of broccoli, consumers are searching for ways to eat healthy within their budget. And what’s more synonymous with budget than Walmart?

Walmart has teamed up with Wild Oats to be its exclusive organic food supplier, launchingabout 100 products to the line, some costing 50 percent less than more popular brands. Whether the food is any good remains to be seen, but we can bet on continuing to see a rising trend in mainstream stores jumping on the organic bandwagon.

From Forbes:

“We’re removing the premium associated with organic groceries,” Walmart executive vice president of grocery Jack Sinclair told reporters on Wednesday, adding that customers “have been asking for this.”

Indeed, internal research carried out by the Bentonville, Ark.-based store chain showed 91% of their shoppers would happily buy organic products at Walmart — for the right price. As it is, the retailer’s organic food segment has been growing faster than its main grocery business, said Sinclair.

Whether the food is any good remains to be seen, but we can bet on continuing to see a rising trend in mainstream stores jumping on the organic bandwagon as demand for affordable organic products continues to rise. Once again, we have Walmart, potential game changer.

[FoodBeast]

Wednesday Morning Headlines

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Good morning!

Welcome to the relaunched Morning Donuts! Here are some of the things you should read while you should be working.

America’s Richest Counties as told by Forbes

Virginia, New Jersey, and New Mexico all feature on this list of highly taxed counties.

Applits won INC’s ‘Coolest College Start Up Contest’

Cool little product they got there, well deserved.

A piece by a professor who offered a Mad Men Class

I went to the wrong school.

Here’s A Look At Google Now

Creepy but cool, like Google!

 

Microentrepreneurs: Meet the Hip-Hop Lyft

Lyft bills itself as “Your Friend with a Car.” In San Francisco there’s one driver whose that cool friend with old-school hip-hop cred. Meet Deco Carter AKA Hip-Hop Lyft.

Carter has turned what would otherwise be a normal pick-up and drop-off trip into a ride with music trivia and classic beats. Riders can earn prizes by answering hip-hop trivia questions.

From the story on Pandodaily:

He’s got a robust knowledge of hip hop facts and figures, having rapped and emceed in the 90s. The passengers who get the last question right can choose from sunglasses, bandannas, necklaces, pimp canes, Red Vines, or whatever else Carter has stocked up on for the night’s ride. Along with the LED-tricked out mustache adorning the car, Hip-Hop Lyft has a Twitter handle, an Instagram, swag, and business cards.

Carter also said he pulls down $800 a week driving for Lyft. Not a bad gig when part of your job is coming up with trivia questions.

I just wish he’d pick me up in Boston.

[Pandodaily]

Sunday Morning Coffee Reads

Need some reading for your Sunday morning? We got you covered with news, advice, and stories for the small-time entrepreneur.

Millennials Are Snubbing the Corporate World for Entrepreneurship - Entrepreneur.com
Entrepreneur-type jobs are gaining steam with the millenials for their freedom and flexibility.

Beer bistro owner plans unique brewing facility- Boston Globe
Some pretty cool beer news coming from the Bay State. There are plans to build a brewery solely devoted to contract brewing. “I’m offering a state-of-the-art playground for brewers,” said founder Daniel Lanigan. We’re listening.

Legendary Poker Player Arrested for Making Cards – Gawker
Supplement your money with gaming? Well, it’s not all peachy keen at the top.

Why You Should Ditch Your Billion-Dollar Business Ambitions- Entreprenuer.com
Another article from entreprenuer.com, this one encourages businesses to think small.

Airbnb scores a Victory- Venture Beat
Good news for Airbnb’ers in New York City, you can still rent out your place.

Oh yeah, don’t forget FREE COFFEE TODAY

Enjoy your Sunday, folks.

Get it Together, Gmail

Anybody else see those annoying icons on their Gmail tabs? gmail icon

What are those? A wrench? A Turkey?

Hello Mark,
Thank you for contacting Google Apps Support. I understand you want to know more about the favicon you noticed on your Gmail.
This is actually supposed to be the favicon for the Google Apps Admin Console. It is definitely nothing to worry about. We are working on deactivating it for the moment and expect to have the favicon back to the mail symbols with the colored M by the end of the week.

Please be aware this is just a cosmetic icon and in no way has there been any security issues in the appearance of this favicon over the last few days.
I hope this information is helpful for you, Mark. Please get back to me if you need any additional information and I’ll be happy to reply.

Sincerely,

Svilen
Google Enterprise Support

It’s September 22, Google. Get it together. I don’t like looking at wrenches in my tabs.

[Google Support]

Hard Knocks Fans, Get Ready For “NFL In Season”

Haven’t had your fill of Hard Knocks? Well, there’s good news because the Discovery Channel will be airing a Hard Knocks type program called NFL In Season. The shows will feature the Pittsburgh Steelers, Minnesota Vikings, San Francisco 49ers and Jacksonville Jaguars as they prepare for their games in London.

The series will be produced by NFL Films, which is about the only outfit that could make me watch the Jaguars. Also, it kind of blows my mind that this will be on the Discover Channel. (I wish Shark Week hadn’t passed already.)

The Vikings-Steelers episode will air on Friday, October 4 at 10 PM EST. The 49ers-Jaguars episode will air on November 1 at 10 PM ET/PT.

[Deadline]

The Best Twitter Reactions to iOS7

iPhone users sent out over 7 million tweets about the new iOS7 update over the last two days. Here are some of the best ones…

Proof that we don’t need to tell everyone about everything.

Every Time Floyd Mayweather Fights, A Cash Register Opens

Last Saturday’s pay-per-view bout between Floyd ‘Money’ Mayweather and Saul ‘Canelo’ Alavarez was one of the most successful fights of all time from a financial standpoint. The fight grossed $150 million from 2.2 million pay-per-view purchases.

That’s a big deal for the boxing world, which has been often criticized in the past for not marketing itself well. It has also struggled against UFC, which just signed a huge deal with Fox Sports 1 for broadcast rights.

Mayweather is no stranger to big money. His defeat of Oscar De La Hoya in 2007 was the second-highest grossing fight of all time, coming in at $136 million with 2.48 million buys.

He will also bring home a nice little payout for his work.

Although, he does not get his money in check form, as the internet was led to believe yesterday.

[ESPN]