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Re: Netflix/Streaming Services
Netflix to raise prices for UK subscribers by up to 20%.
https://www.theguardian.com/media/20...box=1559222742
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The streaming company, which has not raised prices in the UK since 2017, is increasing the cost of a standard plan by £1 to £8.99 and premium by £2 to £11.99. The price of a basic plan remains unchanged at £5.99.
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Quote:
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The company is looking to drive revenues from its customers, which number more than 150 million globally, as the company seeks to continue to fund its $15bn (£12bn) content budget and try to keep a cap on long-term costs and debt totalling about $30bn.
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The company, which has 10 million UK subscribers, said new customers will pay the higher rates immediately, while the increases will be implemented for existing users “over the coming weeks”.
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“The only lesson you can learn from history is that it repeats itself”
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