Netflix is raising the cost of some of its UK subscriptions from February 2021.
They have said that this has been done in order to cover the cost of content available on the platform.
The following increases will occur:
- Standard monthly package – Will increase from £8.99 to £9.99/month.
- Premium monthly package – Will increase from £11.99 to £13.99/month.
The basic plan will remain at £5.99/month.
In an official statement, Netflix said:
“This year we’re spending over $1bn [£736m] in the UK on new, locally-made films, series and documentaries, helping to create thousands of jobs and showcasing British storytelling at its best – with everything from The Crown, to Sex Education and Top Boy, plus many, many more. Our price change reflects the significant investments we’ve made in new TV shows and films, as well as improvements to our product.”
The COVID pandemic has seen a growth in Netflix use. During the first national lockdown, the amount of streaming content watched by consumers rose by a third.
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