• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
SUBSCRIBE
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Netflix Raises Subscription Prices in the United Kingdom and Ireland.

NIsha Jain by NIsha Jain
March 11, 2022
in News, Tech, World
0
Netflix
215
SHARES
3.6k
VIEWS
TwitterWhatsappLinkedin

Netflix is raising the price of its membership plans in the United Kingdom and Ireland, with the standard package rising by £1 ($1.31) to £10.99 ($14.46) in the United Kingdom and €2 ($2.20) to €14.99 ($16.54) in Ireland.

You might also like

BYJU’S Delays November Pay Of 1K Staff Citing Technical Glitch

Itaú Unveils Groundbreaking Crypto Trading Platform

Singhania Divorce Settlement: Inside the 75% $1.4B Agreement – Latest Update

Its entry-level service, the basic plan, increased from £1 ($1.31) to £6.99 ($9.19) in the United Kingdom and from €1 ($1.10) to €8.99 ($9.92) in Ireland. This is the first rise to the basic package in the UK in ten years, and the first increase in the basic package in Ireland in eight years.

Meanwhile, its premium service will cost £2 ($2.63) more in the UK and €2 ($2.20) more in Ireland.

The price increase is effective immediately for all new members while existing members will be notified 30 days before the change takes effect.
Netflix said in a statement that the price increase would allow the company to “continue investing in best-in-class UK productions and offer a wide choice of curated quality series and films.”

With a content budget of $1 billion in 2020, the UK is Netflix’s largest production hub outside of the United States and Canada, producing over 10,000 employment for cast and crew. The streamer is also pledging to invest in the UK crew and talent pipeline through its Grow Creative program, which will cost £1.2 million ($1.58 million).

The Crown, Bridgerton, Emily In Paris, The Hand Of God, and The Power Of The Dog are among the most recent British and Irish shows available on the streaming service.

According to Netflix, each price plan will continue to provide subscribers with access to the company’s full content library without any hidden costs or additional levies. The company has lately launched a number of new services, including “Play Something,” which instantly plays a previously unwatched TV show or movie, and “Fast Laughs,” a button that links visitors to its short-form video feed.

On Thursday, Netflix will publish fourth-quarter earnings. Typically, Wall Street’s attention would be drawn to the streamer’s subscription growth. But this time, there’s something new for investors and industry observers to consider: Netflix’s sales predictions following a price increase.

The business upped subscriber costs on Friday, raising its stock price – and raising eyebrows – across the streaming sector.
“They certainly believe they still have the price capacity to do so and that they deliver an extraordinary value for the money,” said Andrew Hare, senior vice president of research at media consulting firm Magid.

Hare is convinced. Netflix (NFLX) recognizes that the market in the United States and Canada is maturing and that competition is severe. As a result, it is attempting to compensate for slower growth by raising subscription prices.

Tags: NetflixNetflix account
Tweet54SendShare15
NIsha Jain

NIsha Jain

Recommended For You

BYJU’S Delays November Pay Of 1K Staff Citing Technical Glitch

by Ishaan Negi
December 4, 2023
0
Byju’s Initiates Lender Call for Loan Amendment Proposal Amidst Financial Struggles

Leading edtech company BYJU'S is currently traversing a tumultuous period of difficulties, with anything from a large valuation decline to around 1,000 employees' salaries being delayed. This article...

Read more

Itaú Unveils Groundbreaking Crypto Trading Platform

by Om Chaturvedi
December 4, 2023
0
Itaú Unveils Groundbreaking Crypto Trading Platform

In a bold move that marks a significant shift in the financial landscape, Brazilian banking giant Itaú has recently launched its own cryptocurrency trading platform. This strategic leap...

Read more

Singhania Divorce Settlement: Inside the 75% $1.4B Agreement – Latest Update

by Rounak Majumdar
December 4, 2023
0
Singhania Divorce Settlement: Inside the 75% $1.4B Agreement - Latest Update

The high-profile divorce proceedings between Raymond Group Chairman Gautam Singhania and his estranged wife Nawaz Modi Singhania have taken an unexpected turn in a recent development that has...

Read more
Next Post
Automotive Industry Responds To Russia-Ukraine War With Donations and Shutdowns

Automakers face hurdles as Russia-Ukraine conflict continues

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Nexcopy USB Duplicator

Make data loading to flash drives a simple process. Nexcopy USB Duplicator Systems.

Related News

How To Beat Escape from the Castle Claymount

How To Beat Escape from the Castle Claymount

December 2, 2023
Blooket

How to hack blooket

September 30, 2022
How to get Johnny Silverhand arm in ‘Cyberpunk 2077’

How to get Johnny Silverhand arm in ‘Cyberpunk 2077’

August 28, 2023
How to send a gift message on Instagram

How to send a gift message on Instagram

August 18, 2023
How to get Santa on ring doorbell

How to get Santa on ring doorbell

August 7, 2022
Cybertruck in a showroom

Tesla Cybertruck Showroom Locations: Where to See the Electric Beast in Person

November 24, 2023

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at info@techstory.in

BROWSE BY TAG

#Crypto acquisition AI amazon android Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk entrepreneurship Ethereum facebook flipkart funding Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT Russia Social Media SpaceX startup startups tech Tech news technology Tesla TikTok trending twitter uber whatsapp

© 2023 Techstory Media Pvt Ltd

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2023 Techstory Media Pvt Ltd

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?