5 days Ago By Matthew Mohan-Hickson
News Will Netflix prices rise in 2024? Analysts deliver verdict - and it’s bad news for fans By Matthew Mohan-Hickson Technology writer Comment Published 17th Oct 2024, 06:00 BST Watch more of our videos on ShotsTV.com and on Freeview 262 or Freely 565 Visit Shots! now How disappointing 😰 Netflix prices went up in 2023 - and another price hike could be on the way. Company is about to deliver its latest earnings call.
Analysts are predicting that another price rise is ‘on the horizon’ Netflix fans have been dealt a blow as yet another price rise is ‘on the horizon’ for the streaming giant, according to analysts. The home of Stranger Things and Wednesday already hiked its monthly fees last year - but the cost could go up yet again. Advertisement Hide Ad Advertisement Hide Ad Sign up to our daily The Scarborough News Today newsletter Sign up Thank you for signing up! Did you know with an ad-lite subscription to The Scarborough News, you get 70% fewer ads while viewing the news that matters to you.
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It comes after the streamer cracked down on password sharing, causing many people who shared accounts to have to get their own - or pay an extra fee monthly. But according to Variety the subscriber growth from this is starting to ‘taper off’. Netflix announced its most recent price rise in October 2023, around a year ago.
It will post its Q3 earnings on Thursday October 17, according to reports. Will Netflix prices go up in 2024? What is arriving on Netflix in February 2024. | ink drop - stock.
adobe.com It is bad news for Netflix subscribers hoping that prices would remain the same this year with analysts predicting that a rise is on the way. New Street Research analyst Dan Salmon wrote in an Oct.
15 note that there “the potential for a major price increase announcement, including the U.S”. Advertisement Hide Ad Advertisement Hide Ad But not all customers may be affected, according to the analysts.
They are predicting that the standard plan could be an area Netflix looks at - having not increased the price, at least in the US, on this package in over two years (at least across the pond). Read More Netflix prices: this is how much subscription prices have changed since it launched in UK - and why Netflix prices: is streamer cheaper than Disney Plus, Prime Video, Apple TV+? Netflix prices: how much does it cost to subscribe for a month in 2024? Netflix Prices: streamer ends its cheapest ad-free tier in subscription shake-up in the U.S Macquarie Equity Research analysts Tim Nollen and Ross Compton wrote in a Q3 media and tech earnings preview that “we think Netflix boasts strong pricing power given it has not raised price on the Standard tier since January 2022”.
Would a Netflix price rise cause you to reconsider your membership - or is Netflix worth it? Share your thoughts by email: [email protected] . Continue Reading Related topics: Netflix Boost Comment Comment Guidelines National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting.
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