Netflix could be hiking prices after the Screen Actors Guild strike ends.
The Netflix logo is pictured on a remote control in Portland, Ore., Aug. 13, 2020. New data analysis has revealed that Netflix dropped its prices in over 100 countries around the world, mostly developing countries in Africa, Asia and Latin …The streaming giant, one of the companies targeted by striking actors and writers, is considering boosting the price of its lowest-tiered subscription.
If the price increase is legitimate, it could rise to $10 to compete with Max, which has an ad-supported subscription plan for the same price. Disney and Amazon Prime have also signaled that their users eventually will have to pay something to not see advertising. Netflix was the centerpiece of the WGA’s demands over residual payments. Streaming services like Netflix have never released the view counts for their shows, making it essentially impossible for writers to get accurate residuals or payment based on viewership. However, as part of the tentative WGA contract with the studios, streamers will release view counts for inspection.
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