Oct 19, 2023
Netflix raises UK prices despite password crackdown success
Netflix is raising prices for some of its subscription plans, despite the success of its recent crackdown on password sharing. Netflix increased the US price of its premium ad-free plan by $3 per month to $22.99. The launch of a cheaper plan, with adverts, accounted for about 30% of sign-ups in countries where it was available, Netflix said. The company recently revealed plans to start opening a select number of bricks-and-mortar destinations for shopping, dining and Netflix "Experiences" something like a Netflix version of Disney world. Netflix shares jumped more than 10% in after-hours trade.
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