![]() ![]() Netflix's basic plan, which allows only one stream at a time, will remain at $8 a month in the United States. A Netflix account is for people who live together in a single household. Netflix said that it added 8.8 million new subscribers, up from 2.4 million new. ![]() price of Netflixs premium plan, which enables four streams at a time. ![]() The company has not disclosed spending for 2022. As a Netflix member, you are charged monthly on the date you signed up. Netflix announced the price hikes in its earnings call for the third quarter of 2023, which took place today. Netflix posted 8.83 billion in revenue for the fourth quarter of 2023, up more than 12 year over year. Netflix had said it would spend 17 billion on programming in 2021. On Thursday, a Netflix spokesperson said the company was raising prices "so that we can continue to offer more variety of TV shows and films - in addition to our great fall line up." Netflix offers a variety of plans to meet your entertainment needs. It also is facing a growing list of competitors including Walt Disney Co's Disney+, HBO Max from AT&T Inc and Apple Inc's Apple TV+.Īfter the company's earnings report last week, Chief Operating Officer Greg Peters said the company saw an opportunity to increase prices in countries "where we've delivered that extra value." In addition, the company for the first time is hiking its Basic plan, which. The company expects to end 2020 with more than 200 million streaming subscribers around the world, with 73 million of those from the United States and Canada. The Premium plan, which provides up to four Ultra HD streams, is increasing from 13.99 to 15.99 per month (up 14.3). Netflix’s cheapest basic plan will cost 9, up from 8. Netflix is raising its prices again, and the news sent the company’s stock up 6.5 percent Tuesday. Netflix, the world's dominant streaming service, enjoyed a boom in subscriptions at the beginning of the year as viewers around the world were told to stay at home to help fight the coronavirus pandemic. Netflix is raising its prices again, and the news sent the company’s stock up 6.5 percent Tuesday. Shares of Netflix jumped 4.8% to $509.53 in afternoon trading on Nasdaq. Depending on your plan, the cost will go up by 13. The price increase was the first for U.S. subscribers in its biggest price increase since the company first launched its streaming service 12 years ago. ![]()
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