Netflix subscriptions: further price increases to be expected

Netflix subscriptions: further price increases to be expected

UPGRADE DAY

The American giant Netflix announced on Friday that it would again increase the price of its subscriptions, standard and premium, to increase its television offer.

The subscription The standard, two-screen Netflix is ​​thus reduced from $14.99 to $16.49.

The premium plan has increased by $2 to reach $20.99, while the basis remained unchanged at $9.99.

However, the American giant clarified that the new prices are for new members for the moment and will gradually take effect for all members.

“Current members will receive an email notification 30 days before the change. their price, unless they change plans,” Netflix said on its site.

“We are updating our prices so that we can continue to offer a wide variety of quality entertainment options. As always, we will continue to offer several plans so that our members can choose a price that fits their budget,” the Netflix Canada spokesperson told QMI Agency.

The price of subscriptions in the United States also rose by $1 to $2. So the standard plan now costs US$15.49 per month, down from US$13.99.

The US and Canada are Netflix's biggest market with 74 million customers, according to September 2021 figures. This region also accounted for nearly 44% of the company's revenue in the third quarter of 2021, or approximately US$3.3 billion, reported the Globe and Mail.< /p>

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