Netflix India may see price uprise; reports sparks concern amid subscription hike in The US
Netflix India may see price uprise; reports sparks concern amid subscription hike in The US
Digital Desk: Netflix announced on Tuesday that it added roughly 19 million customers over the holiday season, bringing its total to more than 300 million last year.
Company executives credited consistent investments in shows and films for driving growth at the streaming juggernaut, while announcing price increases in Argentina, Canada, Portugal, and the United States. Is India next on line? boot up to pay more to watch your favourite series and movies.
"As we continue to invest in programming and deliver more value for our members, we will occasionally ask our members to pay a little more so that we can re-invest to further improve Netflix," according to a letter sent to shareholders.
Premium and regular subscriptions in the United States will cost $2 more per month, $25 and $18, respectively, while a standard ad-supported tier will cost $8, representing a one-dollar rise each month, as stated by the firm.
