Netflix says it isn't worried about losing customers

Mail Online | 4/17/2019 | Joe Pinkstone For Mailonline
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Netflix is warning its customers that its prices will soon increase - and the streaming giant is prepared to risk losing some subscribers.

The price hike could come as a monthly bump of £3 ($3) to customers of the premium plan and will affect people in the US, Brazil, Mexico and some parts of Europe - including the UK.

Cent - Customers - Site - Protest

It warns that up to eight per cent of its customers could be forced to turn away from the site in protest.

Rising costs are said to be as a result of covering the expenditure Netflix is pumping into producing its own original content.

Netflix - Prices - Plans - Month - People

Netflix confirmed it is testing higher prices for its plans last month with the people seeing prices of £10.99, £11.99 and £12.99 for the monthly subscription.

Current prices are £5.99 for the basic package, £7.99 ($10.99) for standard and £9.99 ($12.99) for premium.

Prices - Users - £3 - Month - £36

The suggested prices suggest that users could be charged anywhere up to an additional £3 ($3) a month, or up to £36 ($36) a year.

Netflix expects to slow in the next few months as prices...
(Excerpt) Read more at: Mail Online
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