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netflix prices increase

Netflix increases subscription prices in Germany, Austria and Switzerland

For the moment, two out of three Netflix subscription variants are becoming more expensive in Germany, with the exception of the basic tier, which remains unchanged at €7.99 per month. netflix prices increase

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The price of the medium tier, which includes HD quality and simultaneous usage on two devices, will rise from €10.99 to €11.99 per month.

New customers will pay the increased prices immediately; for existing users, the increase takes effect next month. This is the second price increase in Europe since August 2015.

The most expensive version, which includes even better Ultra HD picture quality and higher quality sound when used simultaneously on up to four devices, is now 15.99 instead of the previously 13.99 euros. For new customers, the increase takes effect immediately, and for existing users, it takes effect at the next monthly subscription renewal. Meanwhile, in the US, the company recently made its subscriptions more expensive in January. Germany, Austria, Switzerland, and Liechtenstein are the first markets in Europe affected by this price round.

Netflix Cuts Subscription PricesNetflix justifies the price increases above all with the wide range of in-house productions for which the streaming service spends a lot of money. Previous price rounds survived Netflix without user loss. The service has, according to recent data, 5.2 million users in Germany and a total of more than 139 million worldwide.

Netflix Austria price: watch Netflix on your smartphone, tablet, smart TV, laptop, or streaming device, all for one fixed monthly fee. Plans range from €7,99 to €17,99 a month. No extra costs, no contracts.

Netflix Germany price: The basic tier is €7.99 per month. The price of the medium tier, which includes HD quality and simultaneous usage on two devices, is €11.99 per month.

Netflix Switzerland price: The price of the Basic plan is 11.90 Swiss francs per month. The Standard plan lets you access Netflix videos from 2 devices simultaneously and watch videos in HD resolution. This plan costs 16.90 francs per month. netflix prices increase

Netflix has dominated streaming in 2020 netflix prices increase

With assistance from the global home confinement forced by the coronavirus pandemic, Netflix has grown at unprecedented rates over the last 6 months. Over the first half of 2020, the streamer added a company record of 26 million new subscribers; it added 28 million new customers throughout all of 2019.

Netflix’s stock has jumped 53% since January, hitting an all-time high of more than $510 per share earlier this summer.

Right now, Netflix offers three subscription plans to its US customers. Firstly, a basic plan for $8.99 per month; secondly, a standard plan for $12.99 per month (its most popular offering). And as a third, the premium plan is $15.99 per month.

For example, last April, when Netflix most recently hiked up its prices, all three plans increased by $1 to $2 per month.

More news about Netflix can be found here.

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