After the mass crackdown on password sharing, it appears to be like like there’s extra unhealthy information for Netflix subscribers.
Based on an unique report from the Wall Street Journal, Netflix will as soon as once more be elevating costs on its members — starting with the U.S. and Canada — following the tip of the SAG-AFTRA strike, which started in mid-July.
Associated: Netflix Reveals New Password-Sharing Guidelines
Netflix declined to remark, and it stays to be confirmed how quickly the adjustments will happen and the way a lot the worth improve can be on its many tiers.
Naturally, social media was up in arms with the information.
Netflix is not releasing sufficient authentic content material to warrant one other value improve
— doc by one other title?? (@scientistmike35) October 3, 2023
If Netflix increase its value once more I am useless cancelling. You outta your fucking thoughts. Half that shit is trash, and the opposite half is previous.
— Tidd E. Lover (@NickSoSick) October 3, 2023
Netflix going up in value once more? Nah they’ll hold it. I am going to GLADLY cancel.
— E J (@EJayArrow) October 3, 2023
Cancelling my @netflix in the event that they actually assume they’ll improve the worth once more. You will say it is to pay the writers however then how do you justify the opposite increase earlier this yr? The mathematics ain’t mathing babes. ?
— cynthia (@cynthia15298980) October 3, 2023
Quitting @netflix after the actors strike in the event that they increase their costs ONE MORE TIME! You need to increase it for brand spanking new members… high-quality. However being grandfathered in used to imply one thing. Now your value adjustments like fuel costs! Extra subscriptions, more cash, extra issues. Minimize, lower!
— Jason (@gear38jh) October 3, 2023
The final time Netflix hiked costs within the U.S. and Canada was in January 2022, as much as $15.49 a month from $13.99.
The Writers’ Guild of America’s strike with main Hollywood studios and streaming providers reached a short lived ending final week, and hopes are that the SAG-AFTRA union will observe shortly.
Although the streaming behemoth separated itself from its opponents by not instating a full subscription value improve in 2023, customers who had been sharing passwords undoubtedly felt the results of the crackdown that rolled out this previous spring — and the technique labored.
Associated: Netflix Is Raising Prices in the U.S.
In July 2023, the corporate reported that it had seen a rise of six million paid subscribers in Q2 of 2023, making its whole international subscriber quantity over 238 million.
As of Tuesday afternoon, Netflix was up over 56.5% year-over-year.