![]() ![]() The price hike was immediate for new subscribers but was delayed for two years for its existing members.īut Netflix allowed subscribers to keep paying £5.99 a month if they opt for a lower-resolution 'SD' quality service. May 2014: Netflix announced an increase in its monthly fee for streaming movies and television shows from £5.99 to £6.99. It's not even that good for them to keep raising the price.' ![]() Twitter user said: 'I'm about to cancel my Netflix. Netflix's decision to hike prices again comes amid controversy over the cost of living in the UK, and has sparked backlash from some users. The price change is immediate for all new members, while existing members will be notified by email 30 days before they come into effect, depending on their specific billing cycle. In Ireland, the basic plan will increase by one euro and two euro for the Standard and Premium tiers, respectively. 'We offer a range of plans so members can choose a price that works best for them.' 'Our updated prices reflect the investment we have made in our service and catalogue, and will allow us to continue making the series, documentaries and films our members love as well as investing in talent and the creative industry. The UK is Netflix's biggest production hub outside the US and Canada, with a $1 billion dollar UK production budget in 2020.Ī Netflix spokesperson said: 'We have always been focused on providing our members both quality and clear value for their membership.
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