Netflix Price Increase 2021: What You Need to Know

In recent news, Netflix has announced a price increase for its subscribers, with the cost of the premium plan rising from £13.99 to £15.99 per month in the UK. The streaming giant's share price has been on the rise since March, reaching around £500 this week. This surge can be attributed to the company's impressive subscriber numbers, which have jumped by almost 16 million worldwide during the pandemic.

Netflix's popularity soared during the first national lockdown in March 2020, with consumers watching a third more streaming content compared to the previous year. The platform's engaging original shows such as Tiger King, Emily in Paris, and Bridgerton have been major contributors to its success, providing endless entertainment for locked-down Brits over the past 12 months.

One of the bright spots is that customers on the basic £5.99 a month package will not be affected by this price rise. This plan allows users to watch Netflix in standard definition on one device at a time, making it an affordable option for those who want to enjoy their favorite shows without breaking the bank.

Netflix's decision to increase its prices reflects the significant investments the company has made in new content. As a result of these efforts, viewers can expect even more exciting original shows and movies in the future.

In conclusion, Netflix's price increase 2021 may come as unwelcome news for some subscribers, but it is a testament to the platform's commitment to delivering high-quality entertainment experiences. With its impressive subscriber numbers and continued investment in new content, Netflix remains one of the most popular streaming services globally.

Netflix price increase 2021