Netflix increases the price of all subscription packages from 13 to 18%
Online TV service Netflix has decided to raise prices by 13 to 18% for all of its subscription packages.
From now on, service subscribers will have to pay this new price. Netflix members will apply the same price for another 3 months before switching to the new price.
The price increase for Netflix packages is as follows:
- The 8USD subscription package has a new price of 9USD.
- The 11USD subscription package has a new price of 13USD.
- The 14USD subscription package has a new price of 16USD.
This is the highest ever price increase of this online television service. In 2017, Netflix also increased the subscription price but only applied to the two most expensive packages of the company with an increase of only $ 1.
Netflix has invested a huge amount of money to billions of dollars to produce its own quality content such as House of Cards, Stranger Things or Orange is the New Black.
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