Netflix To Raise Prices For UK Subscribers By Up To 20%

Netflix is to raise prices for UK subscribers by up to 20% as it looks to invest more in programmes ahead of the arrival of deep-pocketed rival Disney's eagerly anticipated service later this year. From a report: The streaming company, which has not raised prices in the UK since 2017, is increasing the cost of a standard plan by 1 Pound ($1.26) to 8.99 Pound ($11.3) and premium by 2 Pound ($2.52) to 11.99 Pound ($15.1). The price of a basic plan remains unchanged at 5.99 Pound ($7.5). 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.' Netflix has already raised prices in the US, as well as a number of markets in Latin America and the Caribbean that also use US dollars, with increases across western Europe also expected.

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