Netflix plans in Spain From today they have become more expensive despite the streaming giant resuming its upward trend in subscriber numbers and breaking all-time records for revenue and profits this year.
“We are working to improve our monetization by improving our plans and pricing. Earlier this month, we raised prices in some EMEA (Europe, Middle East and Africa) countries and Japan, and starting today we will increase prices in Spain and Italy“explain from Netflix, not without a promise from the mouth of its co-CEO Gregory K. Peters, “invest this value in the future” platform. We’ll see.
Netflix’s strategy seems to be working. Despite the drop in subscribers as the primary response to the point and the end of shared (free) accounts, which completed the implementation of all services and the shift in the plan with advertising, the company had denied it until then.
Be that as it may, the bills come out… According to an announcement this week, Netflix has increased its number of active subscribers by more than five million to reach 282.72 million worldwide and recorded a net profit of 6,310 million euros from January to September 2024 year-on-year increase (brutal) by 53%.
Netflix plans
The new Netflix subscription prices in Spain have gone up (and quite a bit) and are as follows:
- Standard with ads: €6.99 per month (from 5.49 euros).
- Standard without ads: €13.99 per month (from 12.99 euros).
- Insurance premium: €19.99 per month (from 17.99 euros).
In ad-free plans, you can add additional subscription cards for €5.99 per month.
In the company’s defense, all other streaming services (Disney Plus, Hulu, Max, Netflix, Paramount Plus…) have raised prices, eliminated shared accounts, and implemented advertising into their basic plans. It works for Netflix, but the rest remains to be seen. Piracy rates have rebounded after many years of decline due to content fragmentation and rising costs that make it impossible to maintain all these services. And it adds games, office automation, security, editing, cloud storage…