Jan 6, 2021

Netflix raises UK prices to cover cost of content

The streaming service said the price rises reflected money spent on content. The streaming service's subscriber numbers have jumped during the pandemic, with almost 16 million new customers added worldwide in the first three months of 2020 alone. In the UK, during the first national lockdown which started in March 2020, the amount of streaming content watched by consumers rose by a third compared with the previous year. A standard Netflix subscription gives users HD streaming on two devices at the same time with the ability to download to two phones or tablets. The premium service allows streaming on up to four screens at once, as well as offering 4K streaming and downloading to four phones or tablets.

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