Netflix is expected to increase prices in 2024. According to UBS Securities analysts, such a move will accelerate the growth of revenues and earnings of the service.
Streaming service Netflix aims to raise prices in 2024 to accelerate revenue and profit growth. Variety reported it.
Specifically, with increased advertising revenue and continued subscriber growth, total service revenue could increase by 15% this year, up from 7% in 2023.
In October, the company raised prices for its basic subscription plan from $9.99 to $11.99 in the US, UK and France. The company noted that they planned to raise prices even earlier, but at that time it was distributing paid accounts.
“Netflix has not announced any specific plans to increase subscription prices in 2024, but the company’s management has said that tariff increases are possible,” analysts said.
It was previously reported that starting next month, owners of Telegram channels will begin receiving financial rewards for their work.
Source: korrespondent
