{"id":250030,"date":"2023-10-04T17:00:19","date_gmt":"2023-10-04T17:00:19","guid":{"rendered":"https:\/\/www.bnreport.com\/?p=250030"},"modified":"2023-10-04T17:15:38","modified_gmt":"2023-10-04T17:15:38","slug":"netflix-eyes-price-increase-post-actors-strike-talks","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/netflix-eyes-price-increase-post-actors-strike-talks\/","title":{"rendered":"Netflix Eyes Price Increase Post-Actors\u2019 Strike Talks"},"content":{"rendered":"<p style=\"text-align: justify;\"><a href=\"https:\/\/www.bnreport.com\/en\/\"><strong>BNR<\/strong> <\/a>&#8211; During discussions surrounding the Hollywood actors\u2019 strike, Netflix revealed plans to increase the cost of its ad-free service. The news is according to a recent revelation by the Wall Street Journal (<a href=\"https:\/\/www.wsj.com\/\">WSJ<\/a>).<\/p>\n<p style=\"text-align: justify;\">This announcement led to a surge of over 3% in the streaming company\u2019s shares.<\/p>\n<p style=\"text-align: justify;\">Negotiations regarding the price hike are underway globally. However, sources suggest that the adjustments are likely to commence in the United States and Canada initially.<\/p>\n<p style=\"text-align: justify;\">The specific scale of the price rises and the exact time for its application is still unknown at the moment. Netflix did not make any comments or remarks on the WSJ report.<\/p>\n<p style=\"text-align: justify;\">However, the company is closely monitoring the talks between the <a href=\"https:\/\/www.sagaftra.org\/\">SAG-AFTRA<\/a> actors\u2019 union and the Alliance of Motion Picture and Television Producers (AMPTP).<\/p>\n<h1 style=\"text-align: left;\"><strong>Netflix Adapts to Market<\/strong><\/h1>\n<p style=\"text-align: justify;\">Their upcoming meeting is scheduled for Wednesday. Last week, the writers\u2019 union reached a tentative agreement with the AMPTP after five months of unsuccessful negotiations.<\/p>\n<p style=\"text-align: justify;\">Earlier this year, in February, Netflix reduced subscription plan prices in select countries.<\/p>\n<p style=\"text-align: justify;\">Simultaneously, it revealed a strategy to combat password sharing among subscribers, a move implemented in over 100 countries by May.<\/p>\n<p style=\"text-align: justify;\">The streaming giant\u2019s decision to increase its ad-free service prices coincides with the ever-evolving field of streaming platforms.<\/p>\n<p style=\"text-align: justify;\">Indeed, this advancement reflects the industry\u2019s response to ongoing labour negotiations and market demands.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNR &#8211; During discussions surrounding the Hollywood actors\u2019 strike, Netflix revealed plans to increase the cost of its ad-free service. The news is according to a recent revelation by the Wall Street Journal (WSJ). This announcement led to a surge of over 3% in the streaming company\u2019s shares. Negotiations regarding the price hike are underway [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":250031,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[12726,278,12291,7499,12654],"class_list":["post-250030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-ad-free","tag-featured","tag-hollywood","tag-netflix","tag-sag-aftra"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Netflix Eyes Price Increase Post-Actors\u2019 Strike Talks - Business News Report<\/title>\n<meta name=\"description\" content=\"BNR - During discussions surrounding the Hollywood actors\u2019 strike, Netflix revealed plans to increase the cost of its ad-free service.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/netflix-eyes-price-increase-post-actors-strike-talks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Netflix Eyes Price Increase Post-Actors\u2019 Strike Talks - 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