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Netflix increases prices in several countries

Netflix increases prices in several countries
Netflix increases prices in several countries

Prices continue to rise at Netflix.

Netflix’s cheapest plan will cost $7.99 per month in the US, while the premium plan with 4K streaming will be priced at $24.99 per month.

The details of this price increase, which affects the platform’s three packages, are as follows:

  • Standard with Ads: $7.99 (up from $6.99)
  • Standard without ads: $17.99 (up from $15.49)
  • Premium : 24,99 $ (augmentation de 22,99 $)

This increase applies to users in the United States, Canada, Portugal and Argentina.

In a letter to shareholders, Netflix indicated that this price increase will allow it to continue to invest in its programming.

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Netflix also announced strong financial results for the fourth quarter of 2024. The streaming service added 18.9 million new subscribers during the quarter, beating analysts’ expectations of an increase of 9.6 million. Netflix now counts 302 million paying subscribers in the world.

Netflix’s revenue came in at $10.25 billion, beating estimates of $10.11 billion. Earnings per share were $4.28, compared to forecasts of $4.20. The company also announced a $15 billion share repurchase program.

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