Netflix has informed investors that it will raise subscription prices in 2024 and beyond to enhance service quality, disappointing those who already find the current prices too high.
Netflix plans to raise prices in the upcoming years.
Netflix’s significant investment in broadcasting WWE Raw events for the next decade starting in 2025 will impact subscription prices due to a massive $5 billion investment.
Netflix indicated that “many million” users are utilizing features such as Transfer Profile and Extra Member, without providing specific figures on the impact of the end of password sharing on their financial performance.
The company intends to enhance the benefits of the plan through advertisements by 2024 in order to increase its appeal. In Brazil, there are currently three plans available: Standard with ads (R$ 18.90), Standard (R$ 39.90), and Premium (R$ 55.90). It is advisable to anticipate potential price hikes due to these modifications.
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