With broadcasters and studios increasingly withdrawing their back catalogues from Netflix as they focus on their own in-house streaming services like Hulu and HBO Max, Netflix have to make more and more movies and shows to keep subscribers. Netflix has big, big plans.Īs well as branching out into gaming, the streamer is also under pressure to deliver more and more content. (Image credit: Netflix) Why is Netflix increasing its subscription price?Ī combination of factors. We offer a range of plans so members can choose a price that works best for them.”īridgerton, a lavish Netflix drama with big costs. Our updated prices reflect the investment we have made in our service and catalogue and will allow us to continue making the series, documentaries and films our members love as well as investing in talent and the creative industry. What's behind the price increase?Įxplaining its decision, a spokesman for the streamer told Deadline: “We have always been focused on providing our members both quality and clear value for their membership. The top level Premium tier, which widens availability and quality to four screens streaming Ultra HD 4K television at once, rose from $17.99 to $19.99 a month. The Standard Plan, offering two simultaneous HD streams now sits at $15.49 a month, up from $13.99. In the States, Basic Plan customers now pay $9.99 a month (up from $8.99). This follows similar price lifts in the US at the start of the year. The price change is effective immediately to all new subscribers, while existing members will be notified by Netflix 30 days before they come into effect. They will now be paying £15.99 in the UK and €20.99 in Ireland. All rights reserved.Premium subscribers will be hit even harder. Major League Baseball trademarks and copyrights are used with permission of MLB Advanced Media, L.P.Offer good for verified college students only and does not extend to a Family Sharing group. Free Apple TV+ access for students ends when you no longer qualify or do not renew your Apple Music Student subscription.
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