The price increases are a sign of streamers' efforts to improve profitability and wean consumers off the low monthly subscription fees that drew users away from pricey cable bundles in the early days of streaming and made the company viable in the first place. and France, though the cost of its ad-supported and standard ad-free plans are unchanged. It is also increasing some prices in the U.K. The company plans to immediately raise prices for its basic plan in the U.S., which is no longer available to new customers, to $11.99 from $9.99 and up the cost of its premium plan to $22.99 from $19.99. The monthly fee for UK subscribers on the standard, two-device package will go up from. to 22.99, an increase of 3, and adding 2 to the monthly cost of its basic plan, which is rising to. The film and TV streaming service Netflix, is raising the cost of its most popular packages by a £1 a month. This came after Netflix had a huge 2020 because of people being stuck at. Netflix announced Tuesday it struck a deal to add 10 years of WWE’s Raw to its. The streaming giant added 8.8 million subscribers in the third quarter, with customer growth in every region, its most significant quarterly customer gain since the second quarter of 2020. Effective immediately, Netflix is hiking the monthly price of its costliest plan in the U.S. The price increase was a matter of when not if, McTernan told CNN Business. Netflix prepared its users and investors for more price hikes to come in its quarterly investor letter. Netflix said its effort to limit password sharing led to a 10.8 per cent rise in subscriptions in the third quarter, a better-than-expected result as the company plans to increase some prices in the US and other markets.
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