Netflix is upping its game and the prices for UK viewers too, with emails about the new rates already hitting inboxes. Following a similar price hike in the USA and other parts of the world, UK subscribers will have to tighten their belts.The Standard tier is set to cost an extra £2 per month, now at £12.99, while Premium subscribers will see a £1 increase to £18.99 monthly.
Even those on the budget-friendly plan, which includes ad-watching, face a £1 rise to £5.99 a month. A spokesperson for Netflix explained the rationale: "As we continue to invest in programming and deliver more value for our members, we will occasionally ask our members to pay a little more so that we can reinvest to further improve Netflix." Adding another account for someone living outside your home will also amp up from £4.99 to £5.99 and for ad experiences from £3.99 to £4.99.This move mirrors an earlier price adjustment back in October 2023.
At January's end, amidst boasting record earnings and wooing 19 million new subscribers recently, Netflix announced price escalations in the US and various countries.The streaming powerhouse, which aired the heavily streamed Jake Paul vs Mike Tyson fight in November, declared rate hikes for several plans in territories including the US, Canada, Portugal, and Argentina, reports Bristol Live.
Over in the United States, patrons were greeted with a one-dollar increment for the lowest-priced ad-based package, taking it up to $7.99 (equivalent to £6.46). .
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