Netflix increases costs despite millions of new subscribers

Date:

Earlier this month, we reported that Netflix was planning to raise its prices, once again. Today the price increases are in effect and we have details on how much a subscription will cost in the future.

In the UK, the basic (ad-supported) service increases to €7.99, while the ad-free option increases by €2, for a total of €17.99. In the US, users of the premium option will pay $3 more, for a total of $22.00. In France (the only European country to experience price increases at the time of writing), the service will increase by 2 euros to 19.99 euros per month.

Despite this, and a recent study claiming that many users would abandon the service if prices increased again, Netflix continues to increase its subscriber numbers. According to the BBC, the broadcaster recorded 8.8 million new registrations between July and September this year.

This growth takes place during the strike. While the WGA strike is officially over, SAG-AFTRA members are still demanding fair pay, compensation and job security. Most recently, they asked for 2% of streaming revenue, which ended the conversation between the union and the studios, with the latter saying it was too much. Despite figures showing a clear increase in subscribers during price increases. It has to make sense.

This article is originally published on gamereactor.fr

Share post:

Subscribe

Electric Scooter XElectric Scooter X

Popular

More like this
Related

UK Energy Company Europa Oil & Gas Shares Soar on West Africa Partner Hunt News

Shares of UK-based energy exploration firm Europa Oil &...

Trump Tariff War Forces UK Businesses to Pause Exports to US Amid Economic Turmoil

In April 2025, UK exports to the United States...

Gaza Humanitarian Crisis Deepens: UK Calls for 500 Aid Trucks Daily as Malnutrition Deaths Rise

The humanitarian crisis in Gaza continues to worsen, with...

28 Nations Demand End to Gaza War: Global Leaders Call for Immediate Ceasefire

A coalition of 28 countries—including the United Kingdom, Canada,...