It reflects the firm's growing confidence, after adding 8.8 million subscribers from July to September.
It was the most in more than two years. For viewers in the US, the premium ad-free plan will cost $3 more per month at $22.99 (£19.00). In France, subscribers will pay an extra €2 euros at €19.99 (£17.40).
Netflix has been facing doubts about whether it can continue to draw in new members, as competition rises, prices climb and a Hollywood strike delays new releases. In the first half of last year, it lost about one million subscribers, sending alarm bells ringing.
Much of the subscriber growth in the most recent quarter was driven by its move to start charging an extra fee - which amounts to a little less than half the £10.99 cost of its \"standard\" advert-free plan - to have more than one household on the same account.
The launch of a cheaper plan, with adverts, accounted for about 30% of sign-ups in countries where it was available, Netflix said.
\"Management's working hard to squeeze every last drop of cash possible from the available subscriber base,\" said Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown.
\"As that cup begins to run dry, it will be a lot more important to understand exactly how successful the next phase of growth can be.\"
Netflix said it believed it had the right mix of original hits and licensed fan favourites in its library to keep audiences coming, spotlighting Suits, the legal drama now known for starring Meghan Markle.
First released in 2011 on an American network, the series spent several weeks among the top 10 of Netflix's most-watched English television shows over the summer, racking up more than a billion viewing hours globally.
Netflix, which has been emphasising its own productions in recent years, said in its quarterly update to investors that licensing had always been important and it saw potential opportunities to license more hits \"as the competitive environment evolves\".
Analysts said licensed material was likely to prove increasingly important, as audiences feel the hit of the Hollywood strikes that have shut down new productions for several months.
Writers recently reached a deal, but the actors guild and the major studios, including Netflix, are still fighting over issues of compensation and artificial intelligence.
What’s New & Coming Soon To Netflix, Amazon Prime Video, Disney+, Apple TV+, NOW & Paramount+ Streaming Services?","comment":[{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51222646","author":{"@type":"Person","name":"mad.dog"},"datePublished":"2023-10-19T09:17:06.000Z","text":"Why is there no source quoted for this post? For all we know has made this up?"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51241477","author":{"@type":"Person","name":"Mini_Me_UK"},"datePublished":"2023-10-22T08:11:48.000Z","text":"My tip is to limit your subscription to 1 at a time. For example Disney + on month 1, watch then cancel. Netflix on Month 2, watch then cancel etc. Having lots of choice can be a negative thing and this approach saves money and focuses on certain content."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51222599","author":{"@type":"Person","name":"andrewworrall1"},"datePublished":"2023-10-19T09:11:52.000Z","text":"\"UK basic service would rise by £1 to £7.99\"
Is that a mistake and the advert supported plan is going to be £7.99? There's no £6.99 plan"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51233452","author":{"@type":"Person","name":"catchya"},"datePublished":"2023-10-20T18:04:44.000Z","text":"Where's the deal?"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51223642","author":{"@type":"Person","name":"JamesDougal"},"datePublished":"2023-10-19T11:22:47.000Z","text":"👀"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51224080","author":{"@type":"Person","name":"reubenno"},"datePublished":"2023-10-19T12:23:15.000Z","text":" ️"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51226037","author":{"@type":"Person","name":"mfactor"},"datePublished":"2023-10-19T17:06:12.000Z","text":"How is the password sharing been stopped? , I have Netflix bundled with sky and my daughter uses it at her mums as far as I know she still is , on her laptop...."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51236716","author":{"@type":"Person","name":"Little_Casper"},"datePublished":"2023-10-21T10:10:07.000Z","text":"I remember when people used to say streaming was the low cost option, but over the years it's just evolved to replace cable and satellite tv providers, imo there's way too many different streaming services. If you make a services easy and straightforward people are happy to pay, at the moment though these companies are making illegal pirating looking very good."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51222756","author":{"@type":"Person","name":"Moss.b"},"datePublished":"2023-10-19T09:28:21.000Z","text":"So basically anyone who shares should have cancelled when they cracked down, it was in testing phase and if there had been enough cancelled they would have made a u turn. Now there's no stopping them "},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51223240","author":{"@type":"Person","name":"Nickelardarse"},"datePublished":"2023-10-19T10:31:35.000Z","text":"Cancelled my subscription during the last price hike (also just done the same with Disney+) and never looked back. None of their shows interest me now, and if they do then they only get cancelled after a season or 2 anyway."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51222711","author":{"@type":"Person","name":"darthvader666uk"},"datePublished":"2023-10-19T09:22:46.000Z","text":""},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51223275","author":{"@type":"Person","name":"Bogdan123"},"datePublished":"2023-10-19T10:35:26.000Z","text":"Cancelled mine back in May and never missed it. There is so much around now and Netfix (especially for films) is getting left behind. Will never use again (unless I get a free month haha 😄)"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51223825","author":{"@type":"Person","name":"DevilsNeverCry"},"datePublished":"2023-10-19T11:48:53.000Z","text":"Currently have Netflix tied in with a BT TV sub, but once that lapses there's no way in hell I'm paying this.
How far the mighty have fallen. Remember how streaming services were meant to be the solution to the overpriced set-top box TV problem?
Think I'd rather go back to just Sky robbing you blind than every single streaming service doing it."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51229908","author":{"@type":"Person","name":"jb90"},"datePublished":"2023-10-20T09:39:25.000Z","text":"Netflix is increasingly something I watch less and less. They throw a million original shows at the wall and see which one or two stick, so any time you find a show you like it likely gets cancelled after one or two seasons. Then they stuff in a load of old rubbish that everyone watched 5-10 years ago and tell you how amazing their range is. Honestly, when they tout Suits as their headline offering, no wonder they are offering a cheaper advert package aimed at people who aren't serious watchers. Disney+ is killing Netflix on new content right now."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51239601","author":{"@type":"Person","name":"Steve-O.2008"},"datePublished":"2023-10-21T19:08:09.000Z","text":"Surely this is just pushing people to the illegal IPTV options..."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51227856","author":{"@type":"Person","name":"Roger_Irrelevant"},"datePublished":"2023-10-19T21:36:35.000Z","text":""},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51224364","author":{"@type":"Person","name":"NotAnonymous"},"datePublished":"2023-10-19T13:00:09.000Z","text":"It's always fun to read HUKD threads about Netflix. So many people saying how bad it is and how they quit or never had it. Netflix: \"We've added 9 million more users in 3 months\".
I'm thinking we aren't the target market..."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51237188","author":{"@type":"Person","name":"Kaz00ie"},"datePublished":"2023-10-21T11:32:46.000Z","text":"Prime Student is £4.49 a month and they’ve never asked me for ID. Just clicked join and that was that."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51224393","author":{"@type":"Person","name":"darek.burynski"},"datePublished":"2023-10-19T13:03:25.000Z","text":"Stremio + torrentio (+ optional debrid) "},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51224350","author":{"@type":"Person","name":"Nicolidus"},"datePublished":"2023-10-19T12:58:02.000Z","text":"My sub is through the Philippines. £8 last month for the top package and the whole family uses it, 3 different households. Disney+ is still through Tesco Clubcard, Apple TV free trial from buying a device and Prime free with my Vitality plan. When I need to stop freeloading, I’ll have some hard choices to make!"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51224732","author":{"@type":"Person","name":"tempt"},"datePublished":"2023-10-19T13:50:49.000Z","text":"Markets seem to like their strategy, share price up 15%
"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51233085","author":{"@type":"Person","name":"alex_uk"},"datePublished":"2023-10-20T17:11:15.000Z","text":"I did expected that move so no surprised and I have cancelled my subscription last year as I don’t have time for TV :/"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51233160","author":{"@type":"Person","name":"JeremyJames"},"datePublished":"2023-10-20T17:23:55.000Z","text":"Cancelled Netflix a few months ago, not worth it when Now TV and Apple TV are consistently doing free Trials . Can get Amazon prime pretty cheap too"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51237183","author":{"@type":"Person","name":"James_Ward"},"datePublished":"2023-10-21T11:32:06.000Z","text":"I prefer my Stremio alternative anyways"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51243931","author":{"@type":"Person","name":"Cavs"},"datePublished":"2023-10-22T16:31:07.000Z","text":"Get stremio with real debrid account to stream through Torrentio "},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51782919","author":{"@type":"Person","name":"andrewworrall1"},"datePublished":"2023-12-19T11:45:46.000Z","text":"I got the ad plan to watch the new Chicken Run, not showing in any cinemas accessible to myself so Netflix is the only option. No other titles I want to watch and therefore it isn't worth me paying more than £4.99.
Anyway considering it's \"Basic With Ads\", I was surprised that I got absolutely no adverts before, during or after the film. I'm not using any ad blockers etc. Not complaining about that, of course!
I do wish I had saved my money as I found the new Chicken Run film quite boring. Oh well, it's just £4.99 and I've cancelled my auto renewal "},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51225219","author":{"@type":"Person","name":"SpaghettiMonster"},"datePublished":"2023-10-19T15:06:28.000Z","text":""},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51227808","author":{"@type":"Person","name":"Dazzla8778"},"datePublished":"2023-10-19T21:30:10.000Z","text":"I cancelled my subscription last month and won’t be renewing for at least 12 months I’m happy to wait until there is a bunch of things I’d like to watch then renew for a month watch what I want then cancel it again until the following year seems silly to pay for it all year round for say 10 or 20 hours of content"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51230063","author":{"@type":"Person","name":"Professor_Chaos"},"datePublished":"2023-10-20T10:02:36.000Z","text":"Alternative is if you really are in love with Netflix and can’t let go just keep password sharing with a relative or friend. Eventually they’ll block it from your TV but tablet and phone will still work
im sure there has to be a way of casting from your phone or tablet "},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51232704","author":{"@type":"Person","name":"Nicmann"},"datePublished":"2023-10-20T16:11:23.000Z","text":"I’m on the premium package at £15.99 per month, I’ve just downgraded to standard which is still advert free but Full HD instead of 4k HD and will save me £60 per year with almost zero visible difference!"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51233287","author":{"@type":"Person","name":"PxuL"},"datePublished":"2023-10-20T17:41:40.000Z","text":"Btw: Pakistan Netflix is cheaper than Turkish now if you wanna use a VPN"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51233620","author":{"@type":"Person","name":"Ismail99"},"datePublished":"2023-10-20T18:29:37.000Z","text":"Has anyone been charged with password sharing yet? I certainly haven’t."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51236083","author":{"@type":"Person","name":"BIGPHIL69"},"datePublished":"2023-10-21T08:25:50.000Z","text":"So is standard remaining the same price? I can only see mention of basic and premium"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51245109","author":{"@type":"Person","name":"dodgymix"},"datePublished":"2023-10-22T20:33:45.000Z","text":"I pay £4.99 for adverts one
There is hardly any
Non on new releases and generally only 15 or 30 seconds after half an hour viewing"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51222860","author":{"@type":"Person","name":"Dryrain"},"datePublished":"2023-10-19T09:42:35.000Z","text":"OP might want to change the title netflix and chill means to have s*x"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51222878","author":{"@type":"Person","name":"a_steve84"},"datePublished":"2023-10-19T09:44:18.000Z","text":"Shame there's no way to purchase netflix like youtube premium ie/ VPN and Revolut."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51225901","author":{"@type":"Person","name":"Zerobob"},"datePublished":"2023-10-19T16:46:38.000Z","text":"All TVs sold today are 4K and are capable of HDR reproduction to varying degrees.
... so why is 4K HDR content being sold as a luxury \"Premium\" package at a whopping £17.99?!
4K HDR is standard now. This is blatant profiteering, especially considering rival platforms offer 4K HDR content as standard.
Even when I had a Netflix Premium sub, a lot of new content wasn't even 4K or Dolby Vision, never mind older content. Netflix are misselling their Premium package, as well as overcharging for it."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51223877","author":{"@type":"Person","name":"2minutenoodles"},"datePublished":"2023-10-19T11:55:18.000Z","text":""},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51225186","author":{"@type":"Person","name":"royals"},"datePublished":"2023-10-19T15:01:07.000Z","text":"Far too many people streaming services and all have put up their prices recently. Its too much.
UK TV Licence / BBC almost £13.50/month Netflix £10.99/month Amazon £8.99/month Disney £7.99/month Apple TV £6.99/month Pararmount £6.99/month
etc
About time the market consolidated. Also, the UK TV Licence fee should be scrapped"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51223741","author":{"@type":"Person","name":"jlpeaks"},"datePublished":"2023-10-19T11:37:28.000Z","text":"So basically all that feet dragging they have done on the writers strike and they just pushed the cost into the consumer anyway meaning the fat cats didn’t lose a single penny?"}],"commentCount":541,"interactionStatistic":332,"articleSection":"Misc"}