Netflix is raising its prices again, starting Wednesday. Netflix’s Basic plan will now cost $11.99 per month, and the Premium plan will cost $22.99 per month. The ad-supported plan and Standard tier will remain the same price.
This is the second price hike for Netflix in less than two years. In January 2022, the company raised the price of its Basic plan from $8.99 to $9.99.
Netflix says it is raising prices to “deliver more value to our members.”
The company has been investing heavily in original content, and it recently added new features, such as games and offline downloads.
Netflix is also raising prices in the UK and France. The Basic plan in the UK will now cost £7.99 per month, and the Premium plan will cost £17.99 per month. The Basic plan in France will now cost 10.99€ per month, and the Premium plan will cost 19.99€ per month.
Netflix says it is raising prices in other countries to “keep our prices competitive and to invest in more great content.”
MacDailyNews Take: As long as enough people keep subscribing, Netflix’s price increases will continue.
At just $6.99 / month, the high-quality, ad-free Apple TV+ service looks like even more of a tremendous bargain.
In after-hours trading, after the company’s earning release and announcement of price increases, Netflix shares rose $43.81 (+12.65%) to $390.00.
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$6.99 for Apple TV+ service is a decent price, but given how little content it has, I would hardly call it a ‘tremendous bargain’….unless you like watching the same thing over and over.
I dumped apple and Netflix for being endless woke poop. Dont miss them at all.
TY, my reason not to begin a subscription. Anyone can learn from their mistakes. But a wise man (woman) learns from the mistakes of others…
It appears the high seas are going to be busier than ever
Please explain.
Pirating
Gouge me once Netflix, shame on you. Keep gouging me Netflix, shame on me.
Time for a switch again. If more people were doing it, Netflix would consider raising their prices. Netflix focuses on quantity rather than quality. You will find some great stuff but most of it is not worth it.
$13.99 for YouTube Premium (no ads) including YouTube Music is hands-down the best subscription service I’ve ever purchased.
Infinite content of all types, none of the leftist mind control Apple and Netflix push unless you choose it.
Leftist mind control?? Can you site examples of this agenda? Looks like the same stuff I’ve seen on Netflix for years. B and C level bulk content with the occasional organic series.
When you’re off the right edge as far as Nicky, everyone else is a “leftist”. It’s all the remaining dumbass trumpers can do anymore on this beleagured site. Colour us unsurprised.