Netflix Reportedly Plans to Hike Prices for No-Ads Plans After Actors Strike Is Settled

The actor’s strike has reached Day 100, as talks between SAG-AFTRA and the AMPTP remain halted.

Wim Wenders and Thierry Frémaux signalled their support on Saturday for the Hollywood actors strike as the industrial action hits its 100th day.

Jennifer Maas TV Business Writer Netflix is increasing the price of both its basic and premium plans in the U.S., as well as in France and the U.K. Prices for the ads and standard tiers remain the same.

The Egyptian Theatre in Hollywood turned 100 last year — and now the venue is ready for its closeup. Netflix said today that the storied movie palace and birthplace of the red carpet will reopen next month after a three-year renovation and retrofit.

profitable major streamer, Netflix has resisted joining rivals like Walt Disney in hiking ad-free prices this year and instead curbed password-sharing outside households to tap the more than 100 million viewers who use its service without subscribing.“Netflix now closely resembles a utility in many markets,” analysts at Bernstein said. “The challenge of being labeled a utility is how a maturing company continues finding growth.”It could hike prices after the end of the Hollywood actors strike, a media report said earlier in October.Five months after calling a strike that plunged Hollywood into turmoil, the Writers Guild of America (WGA) last week approved a new contract with major studios.Netflix, however, has weathered the strike well thanks to its larger international presence and strong content slate.After a slow start for the ad plan launched last year, analysts said they expect Netflix will raise prices of its ad-free options in the coming months to nudge more subscribers to the other tier, where commercials help bring in more revenue per user.So far, most viewers subscribing to Netflix after the password crackdown have opted for the ad-free plans, analysts said.

Todd Spangler NY Digital Editor Do you want a side of fries — or maybe a T-shirt or hoodie — with your next binge-worthy Netflix show? Netflix announced plans to open its first permanent bricks-and-mortar locations, initially targeting two in the U.S. in 2025. (The company has not said where those will be.) The outlets will be kind of mini theme parks: They’ll serve food and drink, sell merchandise and include “immersive” installations based on its hit titles like “Squid Game” or “Stranger Things.” But Netflix’s vision for the permanent retail destinations, as with its other IRL activations to date, is for them to serve primarily as marketing vehicles promoting the core streaming service.

They’re reading from the same script.

EXCLUSIVE: Netflix is staffing up its unscripted division.

Last year, A24 became the first studio in the Oscars‘ 95-year history to sweep the six major awards categories with “Everything Everywhere All At Once.” So things couldn’t be better A24, right? Not so fast, says The Wrap. The outlet reports that the small studio that’s made big waves since it debuted a decade ago will switch up their strategy after several of its theatrical releases lost money this year.

Get ready for the return of Chicken Run!

William Earl Activist investor Nelson Peltz has amassed a $2.5 billion stake in Walt Disney Co. and is preparing to make a second run at pressuring the company to grant him with board seats, the Wall Street Journal reported Sunday. Peltz’s Trian Fund Management is responding to the steady slide in Disney shares, which are down about 16% for the year to date.

Tyson Beckford covered up his face in an outlandish green mask but put his abs on full display while exiting a Dancing With the Stars rehearsal on Friday (October 6) in Los Angeles.

Police have launched an urgent search has been launched for a missing Dunfermline man after his dissapearance sparks concerns with his family.

Princess Andre has teased a future career away from the celebrity world, despite her famous family roots. Unlike her brother Junior Andre, who like their dad Peter Andre, has taken a shine to singing and recently released his first single, Princess could land a job away from the limelight. Speaking to the Mirror at Tulleys Farm Shocktober Fest, the teen, who has already gained a large following on TikTok for her "get ready with me" videos, revealed that she has plans to become a beauty therapist.

Netflix is reportedly planning to raise its prices for its ad-free service after the Hollywood actors’ strike ends.The streaming service is “discussing” raising prices in “several markets globally,” and will likely increase fees in the US and Canada first, according to a Wall Street Journal report, citing anonymous sources.It was not immediately clear how much Netflix will raise its prices by or when exactly the new prices will take effect, according to the report. Netflix declined to comment on the report to NME.In the US, Netflix’s standard plan (two streams, no ads) is currently $15.49 (£10.99) a month and the Premium tier (four streams) costs $19.99 (£15.99) month.This summer, Netflix eliminated the basic tier without ads which had cost $9.99 (£8.27) a month in the US and other markets, in a bid to drive customers to the $6.99 (£4.99) a month ad-supported plan or higher-priced tiers.Netflix previously said it saw the addition of 5.9million subscribers globally since March, following the streaming service’s crackdown on password sharing between households.

ongoing Hollywood actors’ strike ends, the Wall Street Journal reported Tuesday.Netflix is discussing raising prices in several markets globally, but will likely begin with the United States and Canada, the WSJ reported, citing people familiar with the matter.It was not immediately clear how much Netflix will raise prices by or when exactly the new prices will take effect, according to the report.Netflix declined to comment on the report.Talks between the SAG-AFTRA actors’ union and the Alliance of Motion Picture and Television Producers (AMPTP), which represents the studios, are ongoing, with their next meeting scheduled on Wednesday.The writers’ union struck a tentative deal with the AMPTP last week after five months of failed negotiations.Netflix cut prices of its subscription plans in some countries in February.

Late-night talk shows are returning after a five-month absence brought on by the Hollywood writers strike, while actors will begin talks that could end their own long work walk-off.

Aaron Rodgers returned to MetLife Stadium following his injury on the field during the New York Jets season opener on Monday Night Football.

Drew Carey today saluted the writers who thanked him for the meals he provided strikers at Bob’s Big Boy and Swingers during the WGA work stoppage. It was his first public comments on his charitable efforts.

Anybody who has watched Netflix's hit series Sex Education will most likely recognise this iconic house that featured throughout all four series of the TV show. After the fourth and final season was released on the streaming service last week (Sept 21), the impressive property has now hit the market.