Netflix raises subscription prices in the UK, but the level will remain the same

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• Netflix raises subscription prices in the UK, but the level will remain the same

Netflix is ​​raising its subscription prices in the UK as two of its three price points are affected. Subscribers to the standard and premium plans will see their costs increase, while the basic plan that offers viewing on a 480p screen will remain at €5.99 per month. The standard plan that offers 1080p and the ability to view on two screens will increase by €1 per month, from €8.99 per month to €9.99 per month, while the premium plan that offers 4K streaming on four screens will increase. from €11.99 per month to €13.99 per month. Netflix justified the price increases in a statement (via the BBC) saying: "This year we spent over a billion dollars in the UK on new locally produced films, series and documentaries, helping to create thousands of jobs and showcases the best of British storytelling, with everything from The Crown to Sex Education to Top Boy, and more still others.Our price change reflects the significant investments we have made in new TV shows and films, as well as improvements to our product." Those who noticed that Netflix raised its prices in the United States late last year probably won't be surprised by the move. The last time Netflix increased its prices in the UK was in 2019, when its standard and premium plans increased by similar amounts.

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The price increases are already in place for new Netflix customers, while existing subscribers are expected to be contacted by email with more details about when the price will increase for them. This increase is particularly unfortunate timing for those in the UK who subscribe to multiple streaming platforms, as it comes shortly after Disney announced that its UK-based Disney Plus users would soon be paying €2 more for month as a result of upcoming Star Brand content. While these price increases are unlikely to be welcome, especially in light of the new UK lockdown, many people will be reluctant to part with the service. With the coronavirus pandemic keeping many of us on lockdown for most of 2020 and now into 2021, Netflix has been essential for millions of people trying to stave off boredom or find distractions.