Netflix plans to raise prices again UPDATE: basic plan has gone from $9.99 to $11.99, premium plan $19.99 to $22.99

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If "Fuck you, pay me" were a company :smh:

Oct 3 (Reuters) - Netflix (NFLX.O) is planning to raise the price of its ad-free service after the ongoing Hollywood actors' strike ends, the Wall Street Journal reported on Tuesday, sending the streaming company's shares up more than 3%.

Netflix is discussing raising prices in several markets globally, but will likely begin with the United States and Canada, the WSJ reported, citing people familiar with the matter.

It was not immediately clear how much Netflix will raise prices by or when exactly the new prices will take effect, according to the report.
Netflix declined to comment on the report.

Talks between the SAG-AFTRA actors' union and the Alliance of Motion Picture and Television Producers (AMPTP), which represents the studios, are ongoing, with their next meeting scheduled on Wednesday.

The writers' union struck a tentative deal with the AMPTP last week after five months of failed negotiations.

Netflix cut prices of its subscription plans in some countries in February. In the same month, it laid out a plan to crack down on password sharing by subscribers that was rolled out in over 100 countries in May.
Reporting by Yuvraj Malik in Bengaluru; Editing by Anil D'Silva
 
I pray for y'all who can't get content on your own

These streamers are trying to rape pockets like Adebisi

adebisi-hbo.gif
 

Netflix is getting another price increase. As part of the streamer’s third quarter earnings results, Netflix announced that starting today, users on its $9.99 per month Basic plan will now have to pay $11.99, and those paying $19.99 per month for Premium will have to pay $22.99. Netflix’s $6.99 ad-supported plan and $15.49 Standard tier will stay the same price.

Netflix last raised its prices in January 2022 and stopped offering its $9.99 Basic ad-free plan to new and relapsed users in July, forcing them to fork out more to avoid ads. Prices for the Basic and Premium plans in the UK and France are going up as well, with the ad-supported and Standard plans remaining unchanged. In the UK, the Basic and Premium plans will cost £7.99 and £17.99, respectively, while customers in France will see the Basic plan move up to 10.99€ and the Premium plan cost 19.99€.

“As we deliver more value to our members, we occasionally ask them to pay a bit more,” Netflix writes in its letter to shareholders. “Our starting price is extremely competitive with other streamers and at $6.99 per month in the US, for example, it’s much less than the average price of a single movie ticket.”

Earlier this month, The Wall Street Journal reported the streamer would raise the cost of its subscription a “few months” after the Hollywood actors strike ends, and now it’s happened even though the actors are still striking. Last month, the Writers Guild of America ended its strike after reaching a deal with services like Netflix to provide streaming data, higher minimum pay, and better residuals.

Over the past few months, Netflix says it added 8.76 million new subscribers, bringing the streamer’s global total to 247.15 million. In addition to its password-sharing crackdown “exceeding” expectations, Netflix also saw significant gains to its ad-supported plan, with membership increasing almost 70 percent quarter over quarter. Netflix says accounts on the cheapest tier now account for about 30 percent of all new sign-ups in the 12 countries where it’s offered.

And since removing the Basic plan in the US, UK, and Italy “boosted adoption” of Netflix’s ads and Standard plans, the company announced that it will be making the same change in Germany, Spain, Japan, Mexico, Australia, and Brazil next week. It’s also planning to roll out new features for its ad-supported tier, which will include a way to download content starting next month. Netflix added better resolution and the ability to watch two streams at once to its ad-supported tier earlier this year.

Netflix has a strong slate of content planned over the next month, with its first live sporting event, The Netflix Cup, airing on November 14th. Meanwhile, the service is also debuting its Squid Game reality show and Scott Pilgrim anime in November while also adding Across the Spider-Verse later this month.
 

Netflix is getting another price increase. As part of the streamer’s third quarter earnings results, Netflix announced that starting today, users on its $9.99 per month Basic plan will now have to pay $11.99, and those paying $19.99 per month for Premium will have to pay $22.99. Netflix’s $6.99 ad-supported plan and $15.49 Standard tier will stay the same price.

Netflix last raised its prices in January 2022 and stopped offering its $9.99 Basic ad-free plan to new and relapsed users in July, forcing them to fork out more to avoid ads. Prices for the Basic and Premium plans in the UK and France are going up as well, with the ad-supported and Standard plans remaining unchanged. In the UK, the Basic and Premium plans will cost £7.99 and £17.99, respectively, while customers in France will see the Basic plan move up to 10.99€ and the Premium plan cost 19.99€.

“As we deliver more value to our members, we occasionally ask them to pay a bit more,” Netflix writes in its letter to shareholders. “Our starting price is extremely competitive with other streamers and at $6.99 per month in the US, for example, it’s much less than the average price of a single movie ticket.”

Earlier this month, The Wall Street Journal reported the streamer would raise the cost of its subscription a “few months” after the Hollywood actors strike ends, and now it’s happened even though the actors are still striking. Last month, the Writers Guild of America ended its strike after reaching a deal with services like Netflix to provide streaming data, higher minimum pay, and better residuals.

Over the past few months, Netflix says it added 8.76 million new subscribers, bringing the streamer’s global total to 247.15 million. In addition to its password-sharing crackdown “exceeding” expectations, Netflix also saw significant gains to its ad-supported plan, with membership increasing almost 70 percent quarter over quarter. Netflix says accounts on the cheapest tier now account for about 30 percent of all new sign-ups in the 12 countries where it’s offered.

And since removing the Basic plan in the US, UK, and Italy “boosted adoption” of Netflix’s ads and Standard plans, the company announced that it will be making the same change in Germany, Spain, Japan, Mexico, Australia, and Brazil next week. It’s also planning to roll out new features for its ad-supported tier, which will include a way to download content starting next month. Netflix added better resolution and the ability to watch two streams at once to its ad-supported tier earlier this year.

Netflix has a strong slate of content planned over the next month, with its first live sporting event, The Netflix Cup, airing on November 14th. Meanwhile, the service is also debuting its Squid Game reality show and Scott Pilgrim anime in November while also adding Across the Spider-Verse later this month.
I just want to know the exact amount of subscribers that have those plans to fig out how much more revenue they just made doing that. They probably will make 9-10 figs in the next 12 months just by increasing it by $2. Remarkable how what doesn't seem like a lot really makes a huge difference in the bigger scheme of things
 
I pray for y'all who can't get content on your own

These streamers are trying to rape pockets like Adebisi

I can, but the ease of my kids just being able to hit the Netflix button on the remote, hit their account and go right back to what they were watching.....

Don't get me wrong there's only a few more steps to get it without Nflix......

But this is literally the only streamer I pay for, I get max with my internet but as soon as Netflix hits $30/month.....I'm finding something else..... this shit started at $10
 
I think I’m going to cycle through services, maybe get Netflix for a month or two every year. I canceled after Black Mirror and have not missed it.
 
Netflix can go fuck themselves, I'll get their shit for free before I ever think about paying all that money to those greedy motherfuckers.
 
Stremio + Torrentio + Real Debrid and you won't need a Netflix account.

Stremio is a free app that aggregates movies/series from Netflix, Apple TV, Amazon, Paramount +, Disney, etc. with no ads. Torrentio is a free Stremio add-on that finds torrents online and Real Debrid is a torrent/stream downloader, like $15-20 for a 6 month plan. No VPN required
 






 
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