Netflix has raised its monthly subscription price to $17.99 for its standard plan, reflecting market trends among streaming services. This increase comes amid strong subscriber growth, with analysts indicating that Netflix provides exceptional value compared to its competitors. Despite the new pricing, a recent study shows Netflix offers lower costs per hour of viewing, making it more cost-effective than rivals like Disney+. With low churn rates indicating satisfied customers, the hikes appear manageable for loyal subscribers, allowing Netflix to invest further in live programming.
Netflix now costs $17.99 monthly for the standard plan, up from $15.49, yet subscribers still find value compared to competitors like Disney and YouTube.
Despite increased prices, Netflix remains the cheapest option in streaming services per hour of consumption, offering significant value to its subscribers.
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