New delhi news Netflix has raised the prices of subscription plans in the US, Canada, Portugal and Argentina. The advertising plan has been $ 6.99 to $ 7.99 and standard advertising plan from 15.49 to $ 17.99. The premium plan has been increased from 22.99 to $ 24.99.
New prices will be applicable from next billing cycle
The company has told investors that these prices will be applicable from their next billing cycle. The price of Netflix’s premium plan has also been increased from $ 22.99 per month to $ 24.99 per month. These new prices will be applicable from the next billing cycle of customers. The company said in a letter to investors, as we invest in programming and provide more value to our members, we will request our members to pay a little more from time to time so that to improve Netflix further Can be re -invested for.
$ 6.99 per month increased to $ 7.99 per month
Netflix has increased the subscription prices of most plans in the US, Canada, Portugal and Argentina. The report states that the price of advertising plan has been increased from $ 6.99 per month to $ 7.99 per month, while the standard advertising plan has been increased from $ 15.49 per month to $ 17.99 per month. This information is quoted by Netflix spokesman Momo Zhou.
Operational benefits crossed $ 10 billion for the first time
According to the report, Netflix’s operational advantage has crossed $ 10 billion for the first time. Apart from this, Netflix has also announced the launch of a new extra member with ads plan. Under this plan, customers using advertising plans can add any other member outside their house to their subscription. However, information has not been given to increase the prices of the plan in India yet.
Netflix had last raised subscription prices in October 2023. This time the company has first increased the price of its advertising plan launched in 2022. Despite the price rise, the platform has added 1.9 crore new customers in the last few months, causing the total customer number to 30 crores.
