Netflix Raising Prices… Again…
February 29, 2024 7:36AM EST
BRAZIL – 2024/01/23: In this photo illustration, the Netflix logo is displayed on a smartphone screen. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)
Netflix is once again raising prices.
Movie Web states, “ The move towards a price hike is being planned in the name of accelerating ‘its revenue and earnings growth,’ with the report stating that such a move will ‘push Netflix’s total revenue growth in 2024 to 15%,’ up from 7% in 2023.”
They added that though people complain about the price raise, “Netflix’s share of TV viewing in the U.S. went up in January 2024, rising to 7.9% from 7.7% at the end of last year.”
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