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Netflix has announced it will be increasing the price of its subscription packages for new and existing members.
The basic and standard plan will both increase by £1 a month to £6.99 and £10.99 respectively, while the premium tier will go up by £2 to £15.99.
The streaming giant has said that the price changes will allow it to ‘continue investing in best in class UK productions’ and ‘offer a wide variety of curated quality shows and films’ to customers.
It’s the second time Netflix has hiked its prices for UK customers in the space of just over a year.

Netflix has announced it will be increasing the price of its subscription packages for new and existing members
Today’s announcement from Netflix follows price hikes for US users that were announced in January 2022 – putting its top tier at $15.49 per month.
A Netflix spokesperson said: ‘We have always been focused on providing our members both quality and clear value for their membership.
‘Our updated prices reflect the investment we have made in our service and catalogue, 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.
‘We offer a range of plans so members can choose a price that works best for them.’
In Ireland, the basic plan will increase by one euro and two euro for the Standard and Premium tiers, respectively.
The price change is immediate for all new members, while existing members will be notified by email 30 days before they come into effect, depending on their specific billing cycle.
Netflix’s decision to hike prices again comes amid controversy over the cost of living in the UK, and has sparked backlash from some users.
Twitter user @Kassieguajardo posted: ‘I’m about to cancel my Netflix. It’s not even that good for them to keep raising the price.’
@SexcBruno also said: ‘The cost of living is getting out of hand.’
The UK is Netflix’s biggest production hub outside the US and Canada, with a one billion dollar UK production budget in 2020.
The price increase comes just over a year after Netflix hiked its subscription fees for UK users amid the third Covid-19 lockdown.
In January 2021, the standard package was raised by £1 per month, from £8.99 to £9.99. The premium package was also bumped up by £2, from £11.99 to £13.99.
Source: dailymail