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Netflix hikes its prices yet again
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Netflix has hiked up the prices of some of its tiers once again in several key markets, including the UK and the US.
The streaming giant has just posted its third quarterearnings results, and they’ve come accompanied by the unwelcome news of yet another price bump in the US, the UK, and France.
Starting from today here in the UK, the price of a Basic plan is going up by £1 to £7.99 a month, while US prices are rising $2 from $9.99 to $11.99 a month. The Premium plan has been increased by £2 to £17.99 a month in the UK, and by $3 from $19.99 to $22.99 in the US.
Standard tier subscribers get a reprieve, with the plan continuing to cost £10.99 a month here in the UK and $15.49 in the US.
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It’s been less than two years since Netflix last upped its prices, having done so inJanuary 2022for the US andMarchfor the UK. It means that the Premium plan, which anyone with a 4K TV would ideally want to subscribe to, has risen by £4 in around 18 months.
Netflix has been all about the bad news in 2023, havingaxed the Basic planfor new users in the UK and US back in July. Instead the entry-level slot was filled by the Basic with ads plan tier, which inserts adverts for a slightly lower monthly fee.
The company also launched an aggressive clamp down on password sharers back in May, whichappeared notto cause the mass subscription cancellations that some had predicted. Which is nice for Netflix, I’m sure we can all agree.
Earlier in the month itwas rumouredthat Netflix would be increasing subscription prices across several markets, but it was held that Netflix would wait until several months after the end of the writer’s strike. It’s clearly very eager to get those extra pounds, dollars, and euros rolling in.
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Jon is a seasoned freelance writer who started covering games and apps in 2007 before expanding into smartphones and consumer tech, dabbling in lifestyle and media coverage along the way. Besides bein…
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Founded in 2003, Trusted Reviews exists to give our readers thorough, unbiased and independent advice on what to buy.
Today, we have millions of users a month from around the world, and assess more than 1,000 products a year.
Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.
We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.
