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Theres a non-zero percent chance thatNetflixwill hike prices again in multiple countries later this year.
Whats more, traditional media companies are shifting more towards streaming services as time moves forward.
Get ready for some ads with your Netflix
Possible price hike
Granted, this is only one group of analysts making these claims.
However, there is good reason to believe it will happen.
He was seemingly referring to theExtra Member optionimplemented in 2023.
But now that the program is over, Netflix is looking to resume their standard approach toward price increases.
Of course, this move could blow up in their faces.
Although as Peters points out, the recent big price hike went over better than [they] forecasted.
Analysis: Overly confident?
One has to wonder, is Netflix justified in its confidence or is it overconfident?
It may just be the former.
There is a chance another hike could be the straw that breaks the camels back.
Viewers may cancel their subscriptions en masse citing rising costs, but that remains to be seen.
Do take this information with a grain of salt.
Its all speculation at the moment.
