Netflix viewers in the U.K. and Ireland have to gird themselves for an increase in what they pay. In an issued blog post, the streaming company did not specifically state its reason for the increase in subscription plans. But, the streaming company believes that the increase will allow it to “continue investing in first-class UK productions and provide a broad selection of selected quality programmes and films.”
Meanwhile, this is not the only instance since the beginning of 2022 that the streaming company is stopping its price on its plans for subscribers, Back in January the Company also raised its streaming price on all tiers in the US and Canada and now the company is toping it for UK and Ireland users.
The Netflix Standard Package In The UK
In the United Kingdom, the new Netflix streaming plan will start at £1 ($1.31) and up to £10.99 ($14.46) and while in Ireland, the price has risen by €2 ($2.20) to €14.99 ($16.54).
Netflix Basic Package
The recent fuse is the first increase in Netflix’s basic package in 10 years in the U.K. In Ireland, this is the first increase to the basic package in eight years. But in the United Kingdom, the price rose by £1 ($1.31) to £6.99 ($9.19). and in Ireland, the price also rose from €1 ($1.10) to €8.99 ($9.92).
Netflix Premium Package
In terms of premium offerings, the Netflix package has gone up by £2 ($2.63) in the UK and €2 ($2.20) in Ireland.
All new subscribers to Netflix will have to pay the increased price beginning immediately. However, current members will receive a 30-day warning before the new charge comes into effect.
Besides Canada and the U.S., the U.K. is Netflix’s greatest production powerhouse. The streaming service has a $1 billion content budget for 2020 and has established over 10,000 jobs for cast and crew. Using its Grow Creative initiative, Netflix will also spend £1.2 million ($1.58 million) on the UK crew and talent pipeline.
Defending the price hike, Netflix assured subscribers that there would be no more levies or hidden expenditures. Once you pay the monthly fee, you will have access to the whole material catalogue. Netflix includes various new features such as “Play Something,” “Fast Laughs,” and others that make the service better. These characteristics have varied services that they give. A Netflix official noted in a statement
“We have always been focused on delivering our members both quality and obvious value for their membership,”Netflix
Our new rates reflect the investment we have made in our service and library and will enable us to continue developing the series, documentaries, and films our members enjoy, as well as invest in talent and the creative sector. ” We provide a selection of options so members may pick the price that works best for them. -The streaming giant added
Are you in the UK or Ireland? What do you think of this? do share your opinion with us down in the comment box below and if you’re not in any of the mentioned locations but you’re a Netflix user, you can also join the discussion.