Netflix to raise ad-free subscription prices soon2023-10-04 17:16 by DanielaTags: Netflix
Netflix plans to increase the price of its ad-free subscription plans a few months after the end of the Hollywood actors strike, reports The Wall Street Journal. Prices will go up in the United States and Canada first, and it is not yet clear how much more Netflix will charge. Netflix last raised prices at the beginning of 2022, charging $9.99 per month for the Basic plan, $15.49 per month for the Standard plan, and $19.99 per month for the Premium plan. Netflix has since eliminated the Basic plan and added a Standard with ads plan that is priced at $6.99 per month. The company has also ended all multi-household sharing, so Netflix users must reside in the same location to share a Netflix plan, otherwise there is an additional cost for another member slot. The move isn't likely to sit well with customers who, this year alone, have endured not only the end of illicit password sharing but the death of the Basic plan which was initially the best option for an ad-free streaming experience without ads. The $9.99 plan was phased out in an effort to get customers to pick between paying more or putting up with ads which Netflix and other streamers have said is even more lucrative for them than any ad-free plan. As one of the main companies targeted by the strikes for its lack of residuals and poor treatment of stars, it's possible Netflix is waiting to announce the price changes until attention is off of their practices. Read more -here-
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