Prices for its popular standard plan in the UK, which allows
streaming on two devices at the same time, will rise by 2 pounds to GBP 10.99 every month, while customers who use the basic
plan will now have to pay 6.99 pounds rather than the previous price of 5.99
pounds. The premium plan would cost as much as GBP 15.99 a month.
In Ireland, the basic plan would increase by EUR 1, while
the standard and premium tiers would now cost EUR 14.99 and EUR 20.99,
respectively.
"Our updated prices reflect the investment we have made
in our service and catalog, and will allow us to continue making the series,
documentaries and films our members love as well as investing in talent and the
creative industry," said a spokesperson from Netflix.
The company last updated its prices for the UK in December
2020 and for Ireland in March 2021.
The price change will start from March 10 for all new
members, while existing members will be notified by Netflix 30 days before it
comes into effect for their respective billing cycles. The news was first
reported by The Guardian on Thursday. © Reuters
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