Netflix is raising prices for some subscribers as it reported 18.9 million new customers in the last three months of 2024.
Prices will rise for users in the United States, Canada, Portugal and Argentina. Netflix has not yet confirmed if the UK will see any similar price increases – but it signals a direction of travel.
Here’s how prices stack up…
Some had wondered if Netflix’s password-sharing clampdown would hit subscriber numbers – but it doesn’t seem that way.
It ended last year with more than 300 million subscribers – an increase of 41 million from 2023. This eclipsed its previous best year, 2020, which saw it add 36.6 million subscribers as pandemic lockdowns saw people turn to the streaming giant for entertainment.
After it announced the increase in users, Netflix’s shares surged by 14%.
The increase in numbers is widely credited to Netflix’s streaming of a fight between YouTube star Jake Paul and former heavyweight boxing champion Mike Tyson, as well as two National Football League games on Christmas Day.
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