Netflix hikes prices for millions of UK customers - with premium subscription costing £17.99 a month

19 October 2023, 10:00 | Updated: 19 October 2023, 10:03

Netflix has upped its prices.
Netflix has upped its prices. Picture: Alamy

By Emma Soteriou

Netflix has hiked prices for millions of UK customers - with premium subscriptions set to cost £17.99 a month.

Listen to this article

Loading audio...

The streaming giant is putting up fees in the US, Britain and France after a growth in subscriber numbers.

It comes after they cracked down on password sharing, forcing more viewers to pay for their own accounts.

In the UK, the price of a basic plan has gone up to £7.99 a month and the premium, ad-free plan, costs £17.99 - having increased by £2.

The standard subscription remains at £10.99 per month.

Read more: Rolf Harris' daughter changes name in bid to distance herself from his toxic legacy

Read more: ‘Game-changing’ facial recognition tech to be used in crackdown on London shoplifting

The price rise comes amid wider "streamflation" with the average monthly cost for major streaming platforms increasing by almost 25 per cent in a year, according to Wall Street Journal.

Netflix added 8.8 million customers worldwide in the third quarter to take the total to more than 247 million.

The company - which has hits including The Crown - expects to attract a further nine million subscribers in the final three months of this year.

It comes despite Hollywood strikes having shut down the majority of productions in the US.

Netflix has not increased its prices since January 2022 but the platform did axe the basic ad-free option for new or returning customers from July.

Two months before dropping the tier, it announced that anyone sharing an account with someone outside their household had to kick them out or pay an extra £4.99 per month.

More Latest News

See more More Latest News

Donald Trump

Donald Trump back at New York civil fraud trial as testimony nears end

Will it snow this weekend/?

When is it going snow next? Met Office verdict on weekend weather

Shane MacGowan's wife has given an update ahead of the star's funeral on Friday.

‘My heart is bursting open with love’: Shane MacGowan’s wife gives emotional update ahead of Pogues star’s funeral

Full dates of 2024 bank holidays

When is the next bank holiday? Full list of 2024 dates

The family of Ruth Perry said "urgent lessons" must be learned after a coroner concluded an Ofsted inspection contributed to her taking her own life.

Ruth Perry's family hits out at 'perverse, inhumane' Ofsted system as inquiry finds it 'likely contributed' to her death

Smoke rises following an Israeli bombardment in the Gaza Strip, as seen from southern Israel

Strikes on Gaza’s southern edge sow fear in one of last areas people can flee to

Dame Esther is set to step down from her presidency as she battles lung cancer.

Dame Esther Rantzen steps down as Childline president after terminal lung cancer diagnosis

Buildings were damaged by a massive explosion on Mahe, Seychelles

Seychelles declares state of emergency after explosion amid destructive flooding

The prime suspect in the Madeleine McCann case is finding it difficult being accused of her kidnapping.

Madeleine McCann prime suspect 'struggling with pressure of being accused of one of most infamous crimes'

Prince Harry told the High Court he and Meghan were 'forced' to leave the UK

‘The UK is my home and Meghan and I were forced to leave,’ Prince Harry says in High Court security battle

Holly Willoughby is offered 'big money' deal with return to Dancing On Ice

Holly Willoughby to be offered 'big money' deal to return as Dancing On Ice co-host

Boris Johnson gives evidence to the Covid Inquiry

Boris Johnson tells Covid Inquiry he 'could not have done more' to stop Downing Street parties

This is the moment a Ulez camera explodes.

Shocking moment Ulez camera explodes after being targeted by anti-Ulez activists

APTOPIX Campus Shooting Las Vegas

Gunman dead after killing three in attack at Las Vegas university

Phillip Schofield quit This Morning earlier this year

ITV 'did not cover-up evidence of Phillip Schofield's affair with This Morning runner before star quit,' review finds

A British Airways flight had a near-miss with a drone, a new report has revealed.

British Airways flight carrying 216 passengers missed illegal drone by just 20ft while 3,000ft in the air over Windsor