Netflix Reportedly Plans to Hike Prices for No-Ads Plans After Actors Strike Is Settled ↗
Netflix is gearing up to raise the prices of streaming plans without advertising “a few months” after the SAG-AFTRA actors strike is resolved, according to a new report.
The streaming service is “discussing” raising prices in “several markets globally,” and likely will first increase fees in the U.S. and Canada, according to a Wall Street Journal report, citing anonymous sources. The Journal did not have info on what Netflix’s new prices will be or when they might go into effect.
THE PRICE HIKES WILL CONTINUE UNTIL PROFITS IMPROVE!
While this news isn’t definite, it also wouldn’t surprise me one bit if it happened. I’m sure somebody in an executive suite questioned why in the world they should have to suffer the consequences of temporarily lost revenue when they could just pass it on down to their consumers. After all, it was the media companies that were the true victims of the recent strikes, right?
Right? 🙄
Every day it seems that enshittification should become an enshrined law of the universe.