Wednesday, October 4, 2023
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Netflix Is Reportedly Rising Subscription Costs Once more


After the mass crackdown on password sharing, it seems like there’s extra unhealthy information for Netflix subscribers.

In accordance with an unique report from the Wall Road Journal, Netflix will as soon as once more be elevating costs on its members — starting with the U.S. and Canada — following the top of the SAG-AFTRA strike, which started in mid-July.

Associated: Netflix Reveals New Password-Sharing Pointers

Netflix declined to remark, and it stays to be confirmed how quickly the modifications will happen and the way a lot the worth improve shall be on its many tiers.

Naturally, social media was up in arms with the information.

The final time Netflix hiked costs within the U.S. and Canada was in January 2022, as much as $15.49 a month from $13.99.

The Writers’ Guild of America’s strike with main Hollywood studios and streaming companies reached a brief ending final week, and hopes are that the SAG-AFTRA union will comply with shortly.

Although the streaming behemoth separated itself from its rivals by not instating a full subscription value improve in 2023, customers who have been sharing passwords positively felt the results of the crackdown that rolled out this previous spring — and the technique labored.

Associated: Netflix Is Elevating Costs within the U.S.

In July 2023, the corporate reported that it had seen a rise of six million paid subscribers in Q2 of 2023, making its complete world subscriber quantity over 238 million.

As of Tuesday afternoon, Netflix was up over 56.5% year-over-year.





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