A new report claims Netflix could raise prices on its ad-free plans in the near future. The report claims that those price increases will come a few months after the Hollywood actors strike ends
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Part of the reason for the spending cuts was that Netflix delayed its controversial password-sharing fees from the first to the second quarter of 2023, and it still has not revealed a specific date.
Netflix says a broad rollout of its account-sharing fees will begin sometime in Q2 2023 in the US and other markets. It will also boost the video resolution for its ad-based subscription plan.
These international Netflix price cuts vary from country to country but in some cases, the subscription costs for the video streaming service have been cut by almost half the previous price.
If you've been a loyal Netflix subscriber, you might want to keep an eye on your account so as not be surprised by the upcoming price hike, one that the company keeps reminding everyone about.
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