Netflix Plans to Raise Prices After Actors’ Strike Ends: Report

Netflix Plans to Raise Prices After Actors’ Strike Ends: Report

Netflix is planning to raise the price of its ad-free streaming service after the ongoing Hollywood actors’ strike ends, according to the Wall Street Journal. The streaming service is discussing raising prices in several markets globally, with the United States and Canada being the likely starting points. However, it is unclear how much the prices will increase or when the new prices will take effect. The talks between SAG-AFTRA actors’ union and the Alliance of Motion Picture and Television Producers (AMPTP), which represents the studios, are still ongoing. The writers’ union already struck a tentative deal with the AMPTP last week after months of failed negotiations.

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TIS Staff

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