Netflix is raising prices for its video streaming customers in the U.S. and Canada, less than a year and a half since its last price increase, as competition from other streaming services increases.
Price increases are becoming more of a regular feature at Netflix, which is facing saturation in the U.S. market. Of Netflix’s 213.5 million subscribers, some 74 million are in the U.S. and Canada. It got an influx of global subscribers early in the pandemic, but is investing in video games as it looks beyond movies and TV for growth.
The price increase is effective as of Friday. Netflix will tell customers by email and inside the Netflix app before the new price is applied to them. Customers in New York, Alabama and Louisiana also got hit with a new local sales tax bill, which Netflix says was because of the addition of video games to the service.
Bye bye Netflix 😒
Inflation kiddie’s!
Greed....
GREED
Greed takes over!
And I cancelled mine. Not worth the cost.
You could have said, “…more than a year since its last price increase.” But no, you wanted to spin negative. netflix
Netflix has improved its offering substantially over the years. I don’t see a problem with it!
Fgs
I got rid of cable for this reason...
I steal mine so I good.
netflix doing like Uber and others company They give you service at a low price and then they go up little by little 🤨🤨🤨🤨
Why netflix
Let's go Brandon!!
And this is why people just pirate shit. Stop price gouging.
All people have to do is cancel their Netflix subscriptions and prices go back down. We the people have the power here
Greed! Why not Biden/Democrats have given business an excuse to raise their prices
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Continuing that great American practice of paying more and getting the same in return
So let me get this straight. Netflix cancels our favorite shows without giving them any chance of building an audience or finishing their stories then they proceed to hike the prices for US and Canadian customers a year after it’s last increase. Americans paying for everything.
HBO max is where it’s at
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