Netflix subscribers are about to stream it and weep — at the streaming giant’s latest price hike.
The streamer announced on Wednesday that all three of its plans would be rising in price. As for a bit of Netflix price history, a Netflix subscription in 2011 was a mere $8 per month, a drastic drop from current prices, per Forbes.
2023 marked the streamer’s last price jump, as many current subscribers likely recall. In order to add an extra member to their plan, customers can still pay $6.99/month with ads, or $8.99/month without ads, for each new addition.
In a letter to shareholders from the streaming service in regards to the price jump, Netflix wrote, “As we continue to invest in programming and deliver more value for our members, we will occasionally ask our members to pay a little more so that we can re-invest to further improve Netflix.”
Netflix
...
Keep reading this article on DECIDER.
