After the announcement made this morning in the United States, we were all waiting for this news from the rest of the countries where Netflix is present: from November the most famous video-on-demand service in the world will raise its prices. Two of the three subscription fees available to Netflix will see their prices increased by 10 and 16%, causing us to have to scratch our pockets a little more.
Netflix has become one of the best-known streaming services in the world and, without a doubt, permissiveness when it comes to sharing our account has contributed to this in an important way. The company trusts that the rise in prices will not influence the number of subscribers ensuring that the increase in the catalog not only in quantity but also in quality will more than compensate for this price increase.
Right now the prices of Netflix in its different sections is € 7,99 for the basic plan that only allows us one screen and without high definition, € 9,99 for the two-screen plan and high definition and € 11,99 for the four-screen plan and 4K resolution. With the rise the basic plan is not affected, but the intermediate one now costs € 10,99 (1 more than now) and the upper one goes up to € 13,99 (€ 2 more). The exact date of the increase will depend on the billing cycle of each user, but the company will begin to send emails informing of the price increase from the middle of this month, so it is expected to be effective in November.
How will the price increase affect the number of subscribers? No change in this regard is welcome no matter how much the catalog improves, but the company is confident that the inevitable loss of subscribers will be more than offset by higher revenue from increased fees. It also relies on the loyalty of its users who, accustomed to enjoying the Netflix catalog where they want and when they want, will hardly abandon them.. The competition at the moment is not too high, with an HBO whose catalog is still very scarce in comparison, and an Amazon Prime Video that does not finish taking off.
And pay us delighted 🙂
It was to be expected, we will see how it goes in this other quarter, if they can increase the number of subscribers as they have been doing. On the other hand, I have always criticized this platform because it lacks a lot of content.