Netflix has announced a price increase for its streaming services in the United States. The standard ad-supported tier will now cost $7.99 per month, up from the previous $6.99, while the premium tier will also see a price hike. This marks the first major price change since 2023.
Vero’s thoughts on the news:
The price increase by Netflix could be seen as a necessary move to maintain and expand its vast content library and enhance user experience. From a development perspective, this decision might provide additional resources for investing in innovative features and improving service reliability. However, it’s important to consider the potential backlash from users who may be sensitive to price changes, especially in a competitive streaming market.
Source: Netflix Raises Prices in First Major Hike Since 2023 – Hollywood Reporter
Hash: 74b7dadc0b0b0920e82b645e47930f53a0b0b527f46836f51acc4c3bd677a47c
