Decision to impact several global markets starting with the US and Canada.
Streaming platform Netflix is planning to raise the price of its ad-free service after the ongoing Hollywood actors’ strike comes to an end, the Wall Street Journal (WSJ) reported on Tuesday. Talks between the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) actors’ union and the Alliance of Motion Picture and Television Producers (AMPTP), which represents the studios, are ongoing, with their next meeting scheduled today.
Although the rise in prices is being discussed in several markets globally, the roll-out will likely begin with the United States and Canada, the newspaper stated, citing people familiar with the matter.
When the new prices will take effect or how much they will rise by remain unknown. There has been no comment from the company on the matter.