Netflix is set to raise prices for subscribers in the US, Canada, Portugal and Argentina. This comes as the streaming giant reported 18.9 million new customers in three months. Netflix has not yet confirmed if the UK will see any similar price increases, but could the UK follow suit?
Category
đź—ž
NewsTranscript
00:00Netflix is set to raise prices for subscribers in the U.S., Canada, Portugal and Argentina.
00:06This comes as the streaming giant reported 18.9 million new customers in three months.
00:12Netflix has not yet confirmed if the U.K. will see any similar price increases,
00:16but could the U.K. follow suit?
00:18In the U.S., the standard monthly plan with adverts will rise to $7.99.
00:23A standard plan without ads will increase to $17.99,
00:27and a premium plan will increase to $22.99.
00:31In the U.K., the price for a standard monthly plan currently stands at ÂŁ4.99.
00:36A standard monthly plan without ads in the U.K. is ÂŁ10.99,
00:40and it's currently ÂŁ17.99 for a premium account.
00:44Netflix finished 2024 with more than 300 million subscribers.
00:48This is an increase of 41 million from 2023.
00:52The increase in numbers is widely credited to Netflix's streaming of a fight between
00:57Jake Paul and former heavyweight boxing champion Mike Tyson,
01:00as well as two National Football League games on Christmas Day.