The streaming giant’s executives said that the price spike would help to “reinvest to further improve Netflix” through investing in its programming. While UK subscribers aren’t being made to pay more for Netflix yet, when approached by the BBC about a potential UK increase, a Netflix representative said they had “nothing to share right now”.
Home to popular shows including The Night Agent, Squid Game and Brigerton, Netflix has increased its prices for UK customers a number of times since launching in 2012. Although we’re not being asked to pay more yet, many people believe that UK subscribers will follow the same path as US subscribers in being asked to pay more.
Last January, Netflix gave customers on its cheapest ad-free plan an ultimatum: switch to a new tier or lose access. Subscribers were left furious. Since then, three packages have been made available after the basic plan was scrapped. These can be cancelled at any time and there are no minimum contracts for any of the packages.
Let’s take a look at the packages Netflix offers, their current prices and the platform’s history of spiking its prices in the UK and in the US, which may give an idea of when we expect the next price spike in the UK (and by how much). This is the cheapest plan at £4.99 and is the package that replaced the original ‘Basic’.
