Netflix is introducing price hikes for two of its subscription plans in the United Kingdom. The Guardian reported on Thursday that the streaming service will be introducing price rises of up to 20%. The company introduced similar price rises earlier in the United States while continuing to test new low-tier plans in some other regions.
Unlike the US price raises, the standard plan in the United Kingdom for Netflix will remain unchanged, meaning that the entry-level subscription plan will continue to cost ÂŁ5.99. But if you have the Standard plan with HD streaming, that will cost ÂŁ8.99, instead of the previous ÂŁ7.99.
And if you are on the most expensive plan, the Premium plan with Ultra HD streaming, you will now be paying ÂŁ11.99, instead of the previous ÂŁ9.99.
“We change our prices from time to time to reflect the significant investments we’ve made in new TV shows and films, as well as improvements to our product. We have more than 50 productions planned in the UK this year, including new seasons of Black Mirror, Sex Education and After Life. Our basic membership will remain at the same price, ensuring as many people as possible can enjoy our content.” a Netflix spokesperson said.
Those who are new to Netflix will be paying the new price immediately, but existing users will see the price increase “over the coming weeks”.
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