Netflix Plans to Raise Prices After Actors Strike Ends
- Netflix is planning to raise the price of its ad-free service in multiple markets, starting with the U.S. And Canada, once the actors' strike ends. The scope and timing of the price hike are still unknown.
- Unlike other streaming companies, Netflix did not raise prices last year and instead focused on cracking down on password-sharing to boost revenue. It remains to be seen how much the price increase will be.
- The ongoing strike between the SAG-AFTRA actors' union and the Alliance of Motion Picture and Television Producers is a crucial factor in determining when Netflix's price hike will take place.
34 Articles
34 Articles
REPORT: Netflix plans to raise prices following Hollywood actor strike
Netflix is planning to raise the price on its ad-free subscription service a few months after the current Hollywood actor strike finishes, according to the Wall Street Journal on Tuesday.The WSJ reports that Netflix is considering raising prices in several markets across the globe, though it could begin with the U.S. or Canada.While no information was provided on how much those prices will increase or when they will take effect, the company expe…
Netflix plans to raise prices after actors’ strike ends
LONDON: Netflix is planning to raise the price of its ad-free service after the ongoing Hollywood actors’ strike ends, the Wall Street Journal reported on Tuesday, sending the streaming company’s shares up more than 3 percent. Netflix is discussing raising prices in several markets globally, but will likely begin with the United States and Canada, the WSJ reported, citing people familiar with the matter. It was not immediately clear how much N…
Netflix Might Be Forced To Raise Prices (Again) After Hollywood Strike
Netflix Might Be Forced To Raise Prices (Again) After Hollywood Strike Hollywood writers ended a five-month strike against studios in late September on a new labor deal. Although the contract is still in the finalization process, The Wall Street Journal has reported that the world's biggest streaming platform plans to increase prices once more. WSJ cited people familiar with the matter that said Netflix "is discussing raising prices in several…
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