Naman Ramachandran Netflix’s increased rates for existing U.K. subscribers that were announced last year come into effect this week.The streamer’s standard plan increases from £8.99 ($12.22) to £9.99 ($13.58) and the premium tier from £11.99 ($16.30) to £13.99 ($19.02) monthly.
The basic plan remains at the same price of £5.99 ($8.14).“This year we’re spending over $1 billion in the U.K. on new, locally-made films, series and documentaries, helping to create thousands of jobs and showcasing British storytelling at its best –– with everything from ‘The Crown,’ to ‘Sex Education’ and ‘Top Boy,’ plus many, many more,” a Netflix spokesperson told Variety.“Our price change reflects the significant investments we’ve made in new TV shows and.
Read more on variety.com
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