Netflix prices have gone up for millions of subscribers (Picture: Getty Images)
Millions of Netflix customers across the UK are set to pay more for their account after the streaming platform announced that it was raising subscription prices.
The company has said the price hikes will affect subscribers in the UK, US and France – with the company citing higher than expected growth in the wake of its crackdown on password sharing.
It also comes just months after the cheapest ad-free plan for new or returning customers was dropped, leaving subscribers with no choice but to pay for a cheaper plan interrupted by ads – or pay more for ad-free Netflix.
What are the new prices and which customers will be affected? Here’s what you need to know…
What are the new Netflix prices?
The new prices for Netflix subscribers in the UK are as follows:
Basic plan: Up by £1 a month to £7.99 per month
Standard: Unchanged at £10.99 per month
Premium: Up £2 to £17.99 per month
The cheaper plan that comes with adverts is also still available at £4.99 a month.
While the basic plan is no longer available to new or returning customers, it will remain available to existing subscribers – although those on more expensive plans can no longer downgrade to this plan.
The raises come after Netflix revealed that almost nine million households had signed up to the service across the world between July and September, marking the biggest increase in numbers since the 2020 Covid lockdowns.
The Crown’s final season is among the big shows expected on Netflix before the end of the year (Picture: Netflix)
They’ve predicted another nine million will sign up in the last three months of 2023, when such blockbusters as the first half of The Crown’s final season are released, along with David Fincher’s The Killer, animated sequel Chicken Run: Dawn Of The Nugget, and Oscar contenders such as May December and Maestro.
What does your Netflix subscription include?
The £4.99 Basic With Adverts plan offers a 720p resolution, ‘good’ video quality, and allows you to watch on your TV, mobile phone, laptop, computer, or tablet – though no downloads.
A few shows and films may not be available, either, due to licensing restrictions, the Netflix website notes.
Netflix’s Standard plan, which still costs £10.99 per month, offers 1080p resolution and ‘better’ video quality and HD – it also allows you and someone else with access to your account the opportunity to tune in with two different screens at the same time.
You can add one extra member to this account for a further £4.99 a month.
The Premium plan will now cost £17.99 per month. This offers you the ‘best’ video quality available, and 4k + HDR resolution.
You can also stream on up to four screens and download on six supported devices at the same time, and have the option to add up to two extra members who don’t live with you for £4.99 per month each.
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The streaming service is about to get more expensive for many.
