1. News
  2. Economy

Netflix Announces Price Rise Decent Recent Password Crackdown Success

Image

Deal Hunters, the streaming titan's prices are on the up.

Hello Deal Hunters! Got a Netflix subscription? Brace yourselves, as prices are heading north. The streaming bigwig has announced a bump in their monthly charges across the US, UK, and France.

Ben Smith at BBC News reported that this decision comes even after Netflix reeled in millions of fresh subscribers, 8.8 million between July and September. That's the streaming giant's biggest growth for more than two years. This rise is a bit of a surprise for many, considering their recent successful crackdown on password sharing.

The basic subscription is rising by £1, going to £7.99, and the premium membership will increase by £2 to £17.99.

The worry is whether they'll be able to continue to draw in new members. With the cost of living crisis, tough competition from other streaming platforms, and the Hollywood strikes delaying new content, there's a concern about continuing to built their subscriber base. This price increase is perhaps a reflection of that fear.

Now, it's essential to ask yourself: is Netflix still giving you bang for your buck Or is it time to scout around for other streaming bargains! Remember, it's all about getting value for your hard-earned cash.

Tom Church, Co-Founder of shopping community LatestDeals.co.uk, remarked, "With every price rise, consumers need to evaluate the value they're getting. It's all about smart choices."

Comments+20 points
Advertisement
PamelaHugh65680

Im appalled at this hike. Weas a family love Netflix, however if this does come to fruition, well have to consider how muchh more they intend to takethe p...

Thks xx

Like
Reply
NickiBees

Absolutely disgusting

Like
Reply
HippyChick

I transferred to Netflix £4.99 offer. This is for adverts, but I can have netflix on 2 tv's instead of the one.

My subscription has gone down in price by £2.00. I can cope with adverts.

Like
Reply
Want deals & discounts automatically?
+100 bonus points!
Latest Deals Browser Extension
Latest Deals Mobile App
  • Download our app
  • 1,000+ new deals every day
  • Earn free Amazon vouchers
  • Daily deal alerts - never miss the best offers!
  • Download the Latest Deals iOS AppDownload the Latest Deals Android App
Latest Deals
Disclaimer

The content on Latest Deals is a combination of information submitted by members of the public and the Latest Deals team. Whilst we make every effort to try and ensure genuine, accurate content we cannot guarantee it. Please always carry out your own due diligence and double check the details of an offer on the retailer's own website.

How this site works
  • To cover the site's running costs, Latest Deals uses affiliate links.
  • If you click on a link to an external website and make a purchase, Latest Deals may earn a commission.
  • We allow deals to be shared on Latest Deals irrelevant of whether or not they generate us money. Our #1 concern is helping you save money.
  • If you have any questions about how the site works, drop us a message. We're always happy to help.
Copyright © 2024 Latest Deals Limited
Registered in England and Wales. Company number 10286141. 124 City Road, London, England, EC1V 2NX