Is Netflix Increasing Its Subscription Price Again? - Purwana Tekno, Software Engineer
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Sabtu, 02 Maret 2024

Is Netflix Increasing Its Subscription Price Again?

In an era where digital content platforms reign supreme, the numbers and costs are only climbing higher with each passing day. Presently, many of us find ourselves shelling out considerable sums for services like Netflix, Prime Video, Disney+, Spotify, and YouTube Premium. And it appears that these expenditures are destined to soar even higher in the coming years, with analysts predicting yet another hike in Netflix subscription fees in 2024.


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According to several analyst reports, Netflix's pricing is anticipated to undergo another surge in 2024. Previously, the streaming giant had already bumped up its prices in 2023, particularly in the United States and various other countries.


Despite facing backlash from users over previous increases, the company didn't suffer significant losses. However, there are now speculations swirling that another price hike might be on the horizon.


"We anticipate there will be a price increase from Netflix this year," said UBS analyst John Hodulik, hinting at a potential revenue growth of 15% in 2024 as reported by Gizmochina.


Last October, Netflix raised the price of its Basic package from USD 9.99 to USD 11.99 per month in the United States, mirroring similar hikes in the UK and France. gunakan kode referral daya auto untuk memulai aksi diskon.


Unfortunately, these price hikes in these countries are bound to have a ripple effect worldwide. Despite boasting a sizable user base, the company has struggled to turn a profit.


Therefore, Netflix has been eyeing to change the game for quite some time now. For instance, the account sharing restrictions implemented last year were one of its strategic moves in this direction.


However, it's crucial to note that these are analyst predictions. There's still no official announcement regarding a price increase for Netflix in the US or elsewhere. Nevertheless, forecasting the next move of this multi-billion-dollar company might not be as challenging as one might think.

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