the price changes on its website<\/a>, with the new prices applying to both new and existing customers.<\/p>\n“We will occasionally ask our members to pay a little more so that we can re-invest to further improve Netflix,” the streamer said.<\/p>\n
Paolo Pescatore, a technology analyst at PP Foresight, said Netflix’s subscription increases were “widely expected”.<\/p>\n
“The streaming business is following mainstream TV in its price rises, and we should get accustomed to them.”<\/p>\n
However, he added: “Netflix must tread extremely carefully\u2026 there is a ceiling, a point at which consumers will become incredibly frustrated by price hikes.”<\/p>\n
Netflix is not the only platform to raise its subscription costs – streaming giants such as Disney+, Spotify, and Paramount+ also increased their prices worldwide in 2024.<\/p>\n
Netflix began enforcing a password-sharing ban in May 2023 in the UK and the US, which led to millions of new signups over the following year.<\/p>\n
The company said it finished 2024 with more than 300 million subscribers in total.<\/p>\n
It had been expected to add 9.6 million new subscribers between October and December but far surpassed that number, adding nearly 19 million subscribers in the final months of the year.<\/p>\n
Netflix says its huge increase in streamers was helped by the second series of South Korean drama Squid Game as well as the expansion of its sports coverage.<\/p>\n
The platform streamed two NFL games on Christmas Day and hosted a boxing match between influencer-turned-fighter Jake Paul and former world heavyweight champion Mike Tyson.<\/p>\n
Net profit between October and December doubled from a year earlier to $1.8bn, while sales rose from $8.8bn to $10.2bn.<\/p>\n<\/div>\n
\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Netflix has increased its subscription prices in the UK, after it raised its charges in the US, Canada, Argentina and Portugal last month. The new UK price for a Standard subscription without adverts, the platform’s most popular plan, has risen by \u00a32 to \u00a312.99 a month, with other packages also increasing. A spokesperson said the […]<\/p>\n","protected":false},"author":1,"featured_media":48470,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[56],"tags":[3988,948,2071,4841],"_links":{"self":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/48469"}],"collection":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/comments?post=48469"}],"version-history":[{"count":1,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/48469\/revisions"}],"predecessor-version":[{"id":48471,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/48469\/revisions\/48471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/media\/48470"}],"wp:attachment":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/media?parent=48469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/categories?post=48469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/tags?post=48469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}