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STREAMING PLATFORM NETFLIX has announced that it will be raising the cost of most of its subscriptions in the US and Canada, despite the platform reaching a record number of subscribers.
Yesterday, the company said that the various subscription plans would be raised by between $1 to $2.50 in the US. Subscriptions are charged monthly.
In the US, the three plans available have had price increases: Standard with ads increased by one dollar to $7.99, Standard increased by $2.50 to $17.99, and Premium increased by two dollars to $24.99.
There are also options to add members to various subscription plans for an extra fee, ranging between $6.99 and $8.99.
In Canada, prices for the subscriptions are set as so: Standard with ads [7.99 CAD], Standard [17.99 CAD], and Premium [23.99 CAD]. Extra members can be added to various subscriptions at the cost of between 5.99 CAD and 7.99 CAD.
The streaming giant has announced the increases just as it reports its most successful year in business since its establishment in 1997, with 19 million new subscribers joining the service in the fourth quarter of 2024. It now has 302 million paying subscribers globally.
The company’s revenue surpassed $10 billion for the first time ever in 2024.
In Ireland currently, the three available plans are Basic [€8.99], Standard [€14.99], and Premium [€20.99]. Extra members can be added to plans for €4.99 a month.
In 2022, Netflix implemented similar price increases in Ireland of between €1 to €3 of each subscription package. It last raised prices in the US in October 2023.
A representative for Netflix Ireland has been asked for comment.
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If they raise prices again I’ll be cutting them off.
They’re becoming less and less worth having. Their library has very little that interests me at this stage and just does not seem to update very often.
@Injustice Cop: gone a bit mad on the subtitled stuff they are.
@Setanta O’Toole: There are lots of excellent subtitled shows in fairness. From France and Italy to South Korea and a whole host of other countries, it might not be a bad idea for people who are worn out with American and British stuff to get stuck into something with a different backdrop and atmosphere. Seeing as so many are complaining that they can’t hear the dialogue properly these days and need to turn on the subtitles, it might be less of an issue anyway!
Time to 123 that Movie.
Thank god for all the illegal movie apps
@liam mc meel: sssssshhhhhhhh. lol
Torrenting is fun and easy.
Greed.
They can raise their fees 100% as far as I’m concerned, I wouldn’t watch their Woke garbage!
@Brian Hunt: Think you’re cooked bro
@Brian Hunt: So true. Was barely able to watch Jurassic Park with my kids yesterday. Such woke nonsense! :/
@Brian Hunt: feckwit
@Brian Hunt: You tell em kid. What a hero!
@Brian Hunt: To a man with a hammer, everything looks like a nail. To a dozy eejit, everything looks ‘woke’.
@Brendan O’Brien: Are you quoting Socrates?
@Brian Hunt: Yes: what a footballer he was.
@Brendan O’Brien: Figures!
@Brian Hunt: that’s the saddest comment I’ve read here in a while.
Cancelled it already. Never enough of good content on it to justify the price of it.
Not much stuff on Netflix these days, but I wonder if that’s still to do with the writers / animators strike a while back (projects would only now be coming to release?). Either way I’d very much like to know the rational for the cost rises, given that there is a lot of competition on streaming media these days.
Gotta pay for WWE deal
Greedy vvankers, I’ll cancel mine if they do it here, some good content on the free apps
They should upgrade their user interface. Shadow out anything I’ve watched ( can’t remember months later!) and have an easy way to add to a playlist when scrolling through. Not that theres anything good to watch lately, it’s gone pretty poor.
Nothing about netflix no longer compatible with older tvs. Mine was a 2015 smart TV and they told me I now had to buy a firestick or Google chrome to continue
@mickey mac: get a fire stick and put bee TV on it
@jamie Lewis: or teatv
On the way, they’re just trying to work out the best algo to use in a dynamic pricing model….
You should have all cancelled from the last hike.
Does this mean there will be no advertisements.
@Seamus Doyle: there are no ads on it are there?
Bee TV way better and free
Netflix and chill
have your say