Netflix , Is Raising Its Prices Again.
Netflix intends to increase its prices in
"several markets globally" a "few months"
after the SAG-AFTRA strike ends, according
to a report by 'The Wall Street Journal.'.
Netflix intends to increase its prices in
"several markets globally" a "few months"
after the SAG-AFTRA strike ends, according
to a report by 'The Wall Street Journal.'.
The U.S. and Canada will
reportedly be impacted first.
Last year, Netflix increased the
prices of all its plans as well.
It's not clear what the new prices will be.
Currently, customers pay $15.49 a month
for the Standard ad-free tier and
$19.99 for the Premium plan.
Netflix also introduced an
ad-supported plan for $6.99 a month.
News of an impending price hike
comes after the company took steps to
mitigate password sharing earlier this year.
It now costs an additional "$7.99 per month to
share your account with someone outside
your household," The Verge reports.
Meanwhile, competitors Disney+ and Hulu will also have price hikes go into effect beginning Oct. 12.
Meanwhile, competitors Disney+ and Hulu will also have price hikes go into effect beginning Oct. 12.
Disney+ will be $13.99 a month, and Hulu's
ad-free tier will be $17.99 a month.
Disney+ will be $13.99 a month, and Hulu's
ad-free tier will be $17.99 a month