UK Netflix prices raised following other countries last month
February 9, 2025Streaming giant Netflix has recently raised its subscription prices in the UK, mirroring similar increases in various countries like the US, Canada, Argentina, and Portugal last month. The new UK price for the platform’s most popular plan, the Standard subscription without ads, has seen a £2 hike, bringing it to £12.99 a month, along with increases in other plans.
A Netflix spokesperson has stated that this change will help the company continue investing in quality programming and delivering more value to its members. This decision comes after Netflix achieved record-breaking global subscriber numbers towards the end of 2024, with its expanding sports coverage playing a significant role in this success.
Netflix’s price increases, the first in the UK since October 2023, will affect all subscription tiers. Notably, the Standard plan with ads will see a £1 increase, reaching £5.99 per month, while the Premium plan is also going up by £1 to £18.99 a month. Extra Member add-on fees are increasing by £1 as well.
These price adjustments have been reflected on the Netflix website, and they apply to new and existing customers alike. Other streaming platforms, including Disney+, Spotify, and Paramount+, have also implemented worldwide price increases in 2024.
Following its initial enforcement of a password-sharing ban in the UK and US in May 2023, Netflix experienced millions of new signups over the following year. In total, the company now boasts over 300 million subscribers, with an impressive 19 million new subscribers joining in the final months of 2024 alone. This growth has been partly attributed to Netflix’s expanding sports coverage, such as hosting two NFL games on Christmas Day and a high-profile boxing match between influencer Jake Paul and former heavyweight champion Mike Tyson.
Netflix’s financial results between October and December of 2024 saw a doubling in net profit compared to the previous year, reaching $1.8bn, while sales rose from $8.8bn to $10.2bn.
