Netflix's Price Change Sparks Outrage Among Subscribers

The news is out: Netflix is increasing its prices once again, with the United States and Canada being the first to feel the pinch. The exact amount of the hike remains unclear, but one thing is certain - subscribers are not happy about it.

In a Reddit thread, Redditors shared their frustration and disappointment over the latest price increase, which comes just months after the Hollywood actors strike ended. One user aptly summed up the sentiment by writing, 'They call it a crackdown as if we were doing something wrong,' noting that Netflix's previous policy of allowing users to share accounts with friends has been a long-standing practice.

The price hike is set to take effect in October, with the basic plan increasing from $9.99 to $11.99 and the premium ad-free plan jumping from $19.99 to $22.99 for users in the U.S., U.K., and France. It's no wonder that many subscribers are considering canceling their subscriptions altogether.

As one commenter wryly noted, 'At this rate, we might need to start forming neighborhood Netflix clubs and pooling resources to afford a shared subscription.' The sentiment is understandable, given the rising costs of living and the increasing pressure on consumers' wallets.

In a world where inflation seems to be the new normal, it's no surprise that Netflix has decided to raise its prices for the second time this year. But will this strategy pay off for the streaming giant in the long run? Only time will tell. For now, subscribers are left to grapple with the news and wonder if their beloved service is becoming too expensive to maintain.

Netflix price change