Netflix Hikes Prices Again in UK, Ireland
Netflix will increase the price of all broadcasting programs in the UK and Ireland, marking the company’s second regional price increase in less than 18 months.
The increase comes after Netflix similarly increased subscription fees in the US and Canada in January, amid a wave of new competitors and its continued use of real content such as the “The Crown” series, which will kick off its fifth season in November.
The Streamer’s Standard Plan (with two HD streams) is coming up in the U.K. at £ 1 to £ 10.99 / month and in Ireland, it goes up by € 2 to € 14.99 / month.
The Netflix Basic Package (single non-HD broadcast) also goes up by £ 1 to £ 6.99 / month in the U.K. and for € 1 to € 8.99 in Ireland – the first increase in that rate. At that time, the Premium service (up to 4K HD streaming) will increase from £ 2 in the UK to £ 15.99 and € 3 in Ireland, to € 20.99 / month.
“Our revised prices reflect the investment we have made in our service and catalog and will allow us to continue making our favorite series, films, and films and investing in the creative industry,” Netflix said in a statement. “We offer a wide range of programs so members can choose the number that works best for them.”
Netflix has an estimated 14 million subscribers in the UK and 600,000 in Ireland, according to research firm Ampere Analysis.
Inflation in the U.K. and in Ireland is starting to work faster for new subscribers while existing subscribers will receive a 30-day notice of when their prices will increase depending on their payment cycle.
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