After the large crackdown on password sharing, it appears like there’s extra dangerous information for Netflix subscribers.
Based on an unique report from The Wall Road JournalNetflix will increase costs for its members once more — beginning within the US and Canada — after the SAG-AFTRA strike, which started in mid-July, ends.
Associated: Netflix Unveils New Password Sharing Pointers
Netflix declined to remark, and it stays to be confirmed how shortly the modifications will come and the way a lot the value improve might be on its many tiers.
In fact, social networks had been on hearth with the information.
Netflix would not launch sufficient unique content material to justify one other value hike
— a health care provider by one other identify?? (@scientistmike35) October 3, 2023
If Netflix raises the value once more, I’ll cancel. You are out of your thoughts. Half of that crap is junk and the opposite half is previous.
— Tidd E. Lover (@NickSoSick) October 3, 2023
Netflix elevating costs once more? No, they’ll preserve it. I will be completely happy to cancel.
— EJ (@EJayArrow) October 3, 2023
My cancellation @netflix in the event that they actually suppose they’ll increase the value once more. You will say you are paying writers, however how do you justify a second increase earlier this yr? Math is not math child. ?
— cynthia (@cynthia15298980) October 3, 2023
I surrender @netflix after the actors go on strike in the event that they increase the costs ONE MORE TIME! You wish to increase it for brand new members… positive. However being a grandfather used to imply one thing. Now your value modifications like fuel costs! Extra subscriptions, extra money, extra issues. Reduce, lower!
— Jason (@gear38jh) October 3, 2023
The final time Netflix raised costs within the US and Canada was in January 2022, to $15.49 per thirty days from $13.99.
A Writers Guild of America strike with main Hollywood studios and streaming companies ended briefly final week, and the SAG-AFTRA union is hoping to comply with swimsuit quickly.
Whereas the streaming large separated itself from its rivals by not introducing a full-scale subscription value hike in 2023, password-sharers undoubtedly felt the consequences of the revamp that started final spring — and the technique labored.
Associated: Netflix raises costs within the US
In July 2023, the corporate reported that it had added six million paid subscribers in Q2 2023, bringing its complete world subscriber depend to over 238 million.
As of Tuesday afternoon, Netflix was up over 56.5% yr over yr.