Subscribers to Netflix will soon see an increase in their monthly fees. In consequence, British and Asian subscribers will soon begin to notice these astronomically high monthly fees. All of Netflix’s plan options in both countries will be affected by the changes.
Movies and TV shows such as tick… BOOM! and The Power of the Dog are available to stream on the site, along with original series such as Bridgerton and Stranger Things.
There will be a “gradual” implementation of this new cost structure for all current subscribers.
Netflix spokesperson says :-
“Our new rates reflect the investment we’ve made in our service and library, allowing us to keep producing the shows, documentaries, and films that our members like while also investing in talent and the creative sector. We provide a variety of options so that members may choose a pricing that is right for them”.
Netflix’s justification for the previous price hike in 2021 was more investment: the company planned to spend $19 billion that year – $2 billion more than in 2020 – to bring more shows, in the highest quality, to your streaming service screens. We haven’t heard anything from Netflix about this latest price hike.
If you don’t want to pay the latest pricing for the premium package with 4K streaming, you may simply drop to Full HD only on the standard plan.
There will be an email notification 30 days prior to the change taking effect for current members.