Netflix follows competition and increases prices

Netflix follows competition and increases prices
Netflix follows competition and increases prices
--
Tech & InnovationMay 8 ’24 22:17Authors: BNR Web Editors and ANP

Netflix is ​​increasing subscription prices in the Netherlands for the first time since 2021. As a result, viewers of the streaming service spend up to a few euros more per month. Previously, prices at rivals such as Amazon Prime and Disney+ also increased.

A basic Netflix subscription, which allows users to watch films and series on one screen at the same time, will become 1 euro more expensive and will now cost 8.99 euros per month. Anyone who wants to be able to watch on two screens at the same time will now pay 13.99 euros monthly instead of 11.99 euros. The most expensive subscription – up to four screens at the same time – has the largest price increase, by 3 euros to 18.99 euros per month.

Also read | Netflix sees number of subscribers and turnover growing: ‘Going exceptionally well’

Disney

The Dutch price of Amazon Prime increased last October from 2.99 euros to 4.99 euros per month. Disney+ followed with a price increase, so that a subscription now costs 10.99 euros per month, instead of 9.99 euros.

Also read | Battle in Disney’s boardroom seems to be over

With the price increases, the streaming services hope to strengthen their results, because according to the companies behind the services, it is mainly about margins. For example, Netflix announced earlier this year that it will stop sharing total subscriber numbers in its quarterly reports, because according to the company these figures are ‘only part’ of total growth.

HBO

A price increase is also coming for HBO Max. The service announced earlier this week that the price for a standard subscription will be increased from 7.99 euros to 9.99 euros from June. There will also be a cheaper subscription with advertising and a more expensive premium subscription.

The article is in Dutch

Tags: Netflix competition increases prices

-

PREV China trade dates due later; Japan real wages drop again
NEXT Live football on Sky Sports today and this week – plus more fixtures, games, dates, kick-off times | Football News