Netflix hikes subscription price by a staggering 17%

The Independent says Netflix is raising its prices for both new and existing customers, it has said.

Netflix hikes subscription price by a staggering 17%

The Independent says Netflix is raising its prices for both new and existing customers, it has said.

The cost of a basic and standard plan will go up by £1, to £6.99 and £10.99, an almost 17 per cent increase for the cheapest tier. The premium subscription will go up by £2 to £15.99.

Similar price rises will happen in Ireland.

Netflix needs the extra money to invest in “best in class UK productions” and to “offer a wide variety of curated quality shows and films”, it claimed.

The company has made a number of price increases in recent years with the same justification.

https://www.independent.co.uk/tech/netflix-price-rise-increase-hike-subscription-cost-b2032945.html

………………..

FOLLOW US ON SOCIAL MEDIA AND SHARE WTX NEWS WITH YOUR FRIENDS AND FAMILY:

FacebookPlease like our page

Twitter Twitter updates available in English and Arabic. Please follow us and we would love to hear from you

Instagram – Follow our pages in English and Arabic