The streaming firm confirmed two of its four offerings would rise in price.
The streaming giant said the price of its basic, ad-free subscription would rise from £6.99 a month to £7.99, while its premium subscription would rise from £15.99 to £17.99.
It has introduced an extra fee to enable more than one household to share the same account, which the company said accounted for around 30% of the new sign-ups in countries where it was available.The streaming firm’s latest financial results showed quarterly revenue was up 7.8% year-on-year to 8.5 billion dollars , with profits at 1.67 billion dollars .
“Its latest set of numbers were strong, with subscriptions significantly better than the market was expecting and margins growing too.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix raises UK price plans as subscribers grow at fastest rate since 2020 lockdownShares take a leap as analysts say that a crackdown on password sharing appears to have worked in its favour.
Read more »
Netflix's sharing crackdown is paying off but prices are still risingThe streaming giant said it was putting up prices in the UK and other markets even after introducing tougher rules.
Read more »
The True Story Behind the Netflix Documentary The Devil on TrialA tape made by Ed and Lorraine Warren of David Glatzel in 1980.
Read more »
Netflix Cup explained: Format, F1 driver line-up and how to watch liveGolf and Formula 1 will collide in the inaugural Netflix Cup in Las Vegas. Here is all you need to know about the event...
Read more »
Ricky Gervais and Netflix After Life bench vandalised in Hampstead HeathA local writer reported the missing plaque.
Read more »
Prince William fumes over Harry's Netflix deal which 'ruthlessly exploits' FirmThe Prince of Wales is said to be 'sickened' by his younger brother's partnership with the streaming platform as Netflix prepares to drop the final season of The Crown which covers the death of Princess Diana.
Read more »