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Netflix raises prices for UK subscribers



Netflix raises prices for its UK customers on its standard and premium streaming plans, as reported by The Guardian . The default plan, which allows streaming on two devices at the same time in HD, becomes £ 8.99, up from £ 7.99. The prize plan, which allows streaming up to four units in Ultra HD, will be priced at £ 11.99, up to £ 2 from the previous £ 9.99. The basic default definition plan remains unchanged at £ 5.99.

The price increases roll out to existing UK customers in the coming weeks, while new customers will start paying the new subscription fees immediately.

Netflix raised the price of all its streaming plans for US customers in January this year with reference to price increases as a necessary part of the expansion of its original content offerings. The company invests in original series programming and licensing rights such as Friends as it runs up to competing against streaming competitors such as Disney + and the upcoming Apple TV Plus service. Friends was a $ 1

00 million deal that gave Netflix exclusive rights to all 10 seasons until the end of 2019, offering Hulu and WarnerMedia. Netflix spent $ 12 billion on content in 2018, and Variety reports that it is expected to spend as much as $ 15 billion this year. With these rising price increases, customers pay the price of all that premium content.


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