Unlike streaming platforms like Max and Disney+, which continue to lose money, Netflix It has been in the green for several years. Thus, it is interesting that the company has decided to increase the subscription price in the US, which may be repeated in other countries in the future. As it is expected, This was not liked by users, who started canceling their subscriptions.
After Netflix announced a price hike earlier this week, multiple users voiced their disagreement with the decision, going so far as to cancel their subscriptions altogether. Although there is no clear number of people who have decided to leave this streaming service at this point, The real push will be reflected in the company’s next shareholders’ meeting.
The price increase will be announced on Tuesday A standard monthly subscription without ads is $15.49 to $17.99While a standard account with ads will increase to $7.99 Its most expensive premium tier, which includes 4K video quality, will go up to $24.99
What’s interesting is that these increases come after a fairly successful period for Netflix. events such as the fight between Jack Paul and Mike Tyson, as well as its second season premiere The squid game They generated millions of dollars for the company. This has led multiple people to point to Netflix as greedy.
For the moment we just have to see if this growth will be reflected globally.. On a related topic, you can learn more about the price hike here. Likewise, these are the Netflix releases for February.
Through: CNN