Netflix could raise prices again as soon as the actors strike ends
Written by Oct 3, 2023, 4:01 pm
No Comment • Related Topics: General
Netflix is discussing raising prices in several markets globally.
The price hike will likely hit the US and Canada first.
It’s unknown how much Netflix is planning to raise the price.
SAG-AFTRA is still in negotiations with the Alliance of Motion Picture and Television Producers (AMPTP). It’s unknown when the two parties will reach a deal, but it looks like Netflix is preparing to increase its profits the moment a deal is struck.
Netflix is currently discussing raising prices in several markets globally, according to a report from the Wall Street Journal. Citing anonymous sources, the streamer reportedly plans on raising the price of its ad-free service once the actors’s strike comes to an end.
