However, the streaming giant is keeping the exclusive content coming. It's a tough choice, but hey, it's like picking between your favorite characters in a show – you just can't make everyone happy. A price rise for UK customers had been rumoured, after US subscribers had a price hike in January. Only 17 percent in this group can even fathom the horror of watching ads. A whopping 48 percent of them are sticking around for the good stuff. Oh, and here's a little plot twist of our own: a recent survey revealed that those who savor their Netflix sans ads are less likely to jump ship. But don't worry, the ad-free standard plan is holding steady at $15.49, while the ad-supported cousin is still hanging out at $6.99. Premium Netflix lovers, those who can't get enough of those 4K streaming vibes, are looking at a future bill of $23, up from $20. Now, onto the prices, because, well, money talks, right? The basic plan, which was already a budget option, will now set you back $12 instead of the old $10. They refuse to compromise, and honestly, who can blame them? After all, who wants to hear about car insurance in the middle of a gripping series? The streaming giant is planning to disclose. Netflix last hiked up its prices in October 2020 by 1 to 2, depending on the subscription tier. On the flip side, 31 percent are ready to embrace the cheaper, ad-supported plan, probably thinking they can endure those annoying ads – it's like a quirky friend who talks too much.īut hold on, there's still that 29 percent who are raising their hands for the ad-free bliss. The price hikes are the first since October 2020. That's right they'd cancel Netflix faster than a TV show you lost interest in after the first season. A whopping 39 percent of Netflix subscribers and potential binge-watchers are eyeing the exit if the price goes up. They recently announced a price hike for two of their four plans, leaving consumers scratching their heads like they just watched a plot twist they never saw coming. In an effort to bring in even more revenue, Netflix also announced it's raising the price for its most expensive streaming service by 2 to 23 per month in the U.S. Revenue in the third quarter likely rose 7.7% to $8.54 billion, the fastest growth in five quarters, thanks to strong programming.In a world where every online service seems to be raising prices faster than your blood pressure during a scary movie, Netflix is no exception. Overall, Wall Street expects the streamer to post its strongest quarterly subscriber additions this year, according to LSEG data. The ad tier is expected to bring in some $188.1 million in revenue in the third quarter ended September, with subscriber additions of 2.8 million, according to Visible Alpha estimates. Its standard plan with ads costs $6.99 a month, while the ad-free plans start at $15.49.After a slow start for the ad plan launched last year, analysts expect Netflix will raise prices of its ad-free options in the coming months to nudge more subscribers to the other tier, where commercials help bring in more revenue per user.Īccording to Insider Intelligence analyst Ross Benes: “Using these tactics, Netflix will likely double its ad-supported viewership next year.” He expects Netflix to show more ads to users over time, catching up with rivals. So far, most viewers subscribing to Netflix after the password crackdown have opted for the ad-free plans, media analysts said. Instead of hiking ad-free prices like rival streamers, the OTT platform curbed password-sharing outside households to tap the more than 100 million viewers who use its service without subscribing.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |