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Irish Netflix users set to avoid new price hike

The streaming company has said customers across the US, UK and France will be paying more for certain plans
Jack Quann
Jack Quann

14.54 19 Oct 2023


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Irish Netflix users set to avo...

Irish Netflix users set to avoid new price hike

Jack Quann
Jack Quann

14.54 19 Oct 2023


Share this article


Netflix is to increase its prices across a number of markets - but Irish users are safe for now.

The streaming company has said customers across the US, UK and France will be paying more for certain plans from today.

In the US, its Basic plan will go up by $2 to $11.99 a month, while its Premium offering increases to $22.99.

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For France, the pricing similarly sees a €2 increase in its Basic (€10.99) and Premium (€19.99) plans.

In the UK, its Premium plan now costs £17.99 - a rise of £2 - with Basic plans priced at £7.99.

Ad-supported and Standard subscriptions will remain at their current prices.

The company said its third quarter financial results were "in-line with to ahead of forecast" with revenue of US$8.5bn (€8.03bn).

A television showing the Netflix original series 'Love is Blind' in March 2020. Image: Chris Bardgett / Alamy Stock Photo

Netflix said it saw a 9% year-over-year increase in average paid memberships - adding 8.8 million subscribers last quarter.

It said this increase was due to the roll out of "paid sharing, strong, steady programming and the ongoing expansion of streaming globally".

Netflix also said its paid sharing programme, which sees customers pay more to share their passwords, is now operating in all of its regions.

"The cancel reaction continues to be low, exceeding our expectations, and borrower households converting into full paying memberships are demonstrating healthy retention," the company added.

Main image: A TV remote with a dedicated Netflix button is seen in November 2018. Image: Allard Schager / Alamy Stock Photo

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Ad-supported Basic Plan France Ireland Irish Netflix Netflix Paid Memberships Paid Sharing Programme Premium Price Hike Price Increase Streaming US Uk

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