Netflix will continue its price update trend in recent months. It was reported that Netflix’s ad-free subscription prices will increase after the end of the demonstrations by movie artists and employees in the US.
Will Netflix ad-free subscription price increase?
According to a new report, Netflix plans to increase subscription prices on its ad-free plans in the coming months. Claims from the Wall Street Journal reported that Netflix will start increasing monthly fees. The price hikes are expected to be announced after the Hollywood actors’ strikes.
As you know, there has been a major crisis in the movie world in recent weeks. Negotiations between major studios and unions like SAG-AFTRA have come to a standstill. Actors, on the other hand, reunited this week to end a months-long strike.
An agreement is expected to be reached in the coming weeks. In this context, it was stated that Netflix also stepped in and could increase the salaries paid to set workers. This situation can be reflected on subscribers. However, the report did not specify how much Netflix plans to increase prices.
However, the new hikes are expected to affect users in the US and Canada in the first phase. It should be reminded that streaming giants such as Disney+, Hulu and ESPN+ and even YouTube Premium raised prices in both countries earlier this year.
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