Bad news for pockets is coming: Netflix has announced a price increase in two of its plans that will affect users in several countries around the world, some of them in Europe. The increase appears to be significant, exceeds 30% for the Basic plan!
Recently, there was talk of a possible price increase for Netflix, and it was said that the platform would wait for the strikes in Hollywood to end before announcing it. But finally, Netflix has not waited any longer and has decided to apply the price increase while the movement of the actors continues.
Netflix raises the price of Basic and Premium plans in Europe and the US
It seems that all streaming services They are raising their prices. Netflix, Prime Video, Disney Plus, Spotify and others have announced that they are going to increase the cost of their packages. Some companies say they need to raise prices to continue investing in original content.
In the case of Netflix, it was officially confirmed this increase during the presentation of its latest financial results. The news is that two of its plans: Basic and Premium will be a little more expensive from now on. The platform plans to roll out this upload first to users in the United States, United Kingdom, and France.
Up to 20 euros for a Netflix subscription
Just as you have heard, the Basic and Premium plans are going to have a increase in cost. The company has announced that the Basic plan will go from costing 7.99 euros to 10.99 euros, and the Premium plan from 17.99 euros to 19.99 euros. We show you in detail how these prices will increase in the affected countries:
- Price changes in Europe:
- United Kingdom: The standard and ad plans (4.99 and 10.99) will not change in price, but the Basic plan will rise to 7.99 and the Premium plan to 17.99.
- France: The ad and standard plans (5.99 and 13.49 euros) will remain the same, but the Basic plan will increase to 10.99 euros and the Premium to 19.99 euros.
- Price changes in the United States:
- The ads ($6.99) and standard ($15.49) plans remain unchanged.
- He basic plan up $2, to $11.99.
- He Premium plan up $3, to $22.99.
The company defends that its initial prices remain being competitive compared to other streaming services and are more affordable than the average price of a movie ticket.
The increase will soon arrive in Spain
On other occasions, we’ve seen Netflix price increases in some countries spread to other places over time. In this sense, it seems that Spain could follow the same path as France, although the company still has not confirmed officially this news. This increase is expected to take effect next week in the United States, the United Kingdom and France; and will affect both new users and those who are already customers of either of the two mentioned plans.
If Netflix decides to extend the same prices that it is imposing in France to other countries in Europe, this is how the prices of the plans in Spain would be:
- Basic Plan with ads: 5.49 euros per month.
- Basic plan: 10.99 euros per month.
- Standard Plan: 12.99 euros per month.
- Premium Plan: 19.99 euros per month.
However, we must inform you that Netflix has decided remove the Basic plan in Spain for new users, so the options are reduced to the three remaining plans. We expand this information below.
Netflix eliminates the Basic plan in several countries, including Spain
During the presentation of the financial results, the company has also said that as of the next week, the Basic plan will be eliminated in Germany, Japan, Australia, Brazil, Mexico and Spain, affecting new users. This plan, which offered simultaneous playback and cost 7.99 euros per month, will no longer be available.
Although the elimination will be gradual, will affect new users and those who re-register. Currently, no changes have been announced for existing users who will maintain their subscription to the Basic plan for a while.
Consequently, new users looking for a lower cost option will only have the alternative with ads, at a price of 5.49/month, while the Standard plan is positioned at 12.99/month. Netflix has applied this strategy in other countries, and a reported increase in subscriptions to the ad-supported plan, which now represents 30% of new subscriptions.
In general, the Basic and Premium plans will have a considerable increase. How will this affect your pocketbook? In addition, they also eliminate the Basic plan in Spain, Will you opt for the other plans or will you look for alternatives?
