Netflix has raised subscription prices across Europe for its streaming service, following a similar price hike in the US last year.

The increase, which will only affect new customers, will see the price for a standard Netflix subscription rise from €8.99 a month to €9.99.

In the note to Netflix users, the company wrote that the price increase was necessary to “continue providing good series and films.” Netflix’ basic, non-HD subscription will remain unchanged at €7.99 a month, as will its premium subscription €11.99.

Netflix is set to launch in Italy, Spain and Portugal later this year.

Other posts by :

1. Inmarsat “likely to win appeal” over Ligado/AST action
2. FCC seeks fair play over foreign satellite access
3. Bank raises RocketLab target price
4. Paramount throws kitchen sink
5. Ukraine wants its own LEO system
6. SpaceX outlines Starlink cellular delivery plan
7. NAB vs CTIA on C-band release
8. Laser terminals to operate at 100x faster
9. Starlink success in Spain, but South Africa proves difficult

Categories: Articles, OTT, Premium, VOD