Netflix rise subscription plan prices in US Canada more know details

Netflix rise subscription plan prices in US Canada more know details
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In many markets including America, users will have to pay more for Netflix. Netflix has increased subscription prices. The company announced on Tuesday that its standard and premium plans have become costlier in the US, Argentina, Canada, and Portugal. The company said that it is making new investments in content due to which it has to increase the prices. Let us know how much more the users will have to pay here than before.

Watching content on Netflix is ​​now going to become more expensive for users in many markets including the US. Netflix increased its subscription prices in select markets (via) are given. These include markets like United States, Argentina, Canada and Portugal. In America, premium membership of the company will now be available for $25 (approximately Rs 2163). It has increased by $2. At the same time, the standard plan will be available for 18 dollars (approximately Rs 1557).

The company has cited investment in content as the reason for increasing the price. Netflix says it is focusing on maintaining and enhancing programming quality. The company added 1.9 crore new subscribers by the end of the 2024 festival season. The company is now said to have more than 30 crore subscribers. The total number of subscribers added last year was 4.1 crore.

However, there is a large number of Netflix users who watch content with advertisements. The company has kept the prices low for advertised plans. According to a recent report, about 70 million viewers of Netflix watch shows with advertising every month. In the year 2024, this number had almost doubled by November compared to May. In countries where Netflix’s ad-supported plan is available, more than 50 percent of new subscribers are choosing it. This type of plan is available in 12 countries. The company had added advertising about two years ago as the number of customers declined.

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