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Published 5 months ago

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.
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