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Netflix is raising prices in the U.S. and Canada, with its most popular subscription tier going from $13.99 a month to $15.49 in the U.S.

Netflix co-CEO and chief content officer Ted Sarandos tossed cold water on hopes that the streamer’s recent deal with major cinema chains for Glass Onion: A Knives Out Mystery could be the start of something bigger.

EXCLUSIVE: Jack O’Connell and Matthew Duckett have joined Golden Globe Winner Emma Corrin in Lady Chatterley’s Lover for Sony’s 3000 Pictures and Netflix. This will be the first film to be produced under the new partnership where Sony Pictures will offer Netflix a first look at any films it intends to make for streaming.

Netflix increased subscription prices for some streaming plans in the United States, Britain and France when it reported results last week.Disney said in August it would raise by 27% the price of the ad-free tier of the Disney+ service to $13.99 and hike by 20% the no-ad version of Hulu.

New York Times in a story posted Saturday. “They are not always going to be right, but how you help navigate the outcomes, and the urgency you bring to it, is what gets folks through the storm. And the storms will come.”While Netflix was riding high with the addition of 10 million subscribers amid the first few months of the pandemic in summer 2020, trouble loomed on the horizon.

By Jill Goldsmith

Netflix are expected to raise their prices again this year, according to a new analysis by investment bank UBS Securities.Rumours about a possible price increase gained some ground at the end of January when the streamer released its quarterly shareholder letter, which contained details of a potential hike for subscribers.The letter read: “As we invest in and improve Netflix, we’ll occasionally ask our members to pay a little extra to reflect those improvements, which in turn helps drive the positive flywheel of additional investment to further improve and grow our service.”Now, the UBS analysis indicates that price rises are likely to be imminent for Netflix subscribers. “We expect to see rate increases this year,” wrote John Hodulik, who works for the Wall Street bank (via Independent).They predict the shift will contribute to an overall company growth of 15 per cent in 2024, compared to 7 per cent last year.Currently, a basic subscription costs £7.99 a month, while a standard subscription in the UK, which allows for HD and a second device, costs £10.99 a month.

After reporting better-than-expected subscriber growth and marking a key financial milestone, Netflix is seeing its shares hit a new high on a wave of euphoric reaction from Wall Street.

maintain subscriber growth amid stiff competition from rivals and strained consumer spending.. The stock fell nearly 5%, underperforming the broader market and on course for its worst day in more than two months.The past year has seen intense competition in the streaming industry as a pandemic-driven boom fades and consumers curtail spending over fears of a possible recession, forcing companies to rethink their strategies.According to the Wall Street Journal, which reported the Netflix news first earlier in the day, the price cuts span across some Middle Eastern countries, sub-Saharan African markets and parts of Latin America and Asia.The cuts apply to certain tiers of Netflix in those markets and in some cases halving the cost of a subscription, the Journal reported.Netflix, which operates in over 190 countries, has been looking to grow share in newer international regions as the US and Canada markets saturate.

After Netflix’s better-than-expected second quarter earnings yesterday, the company’s shares continued their recent upturn as Wall Street analysts took sides on the takeaway from the report.

Netflix’s ties with Latin America and the region’s much-loved telenovela format go back to the company’s first steps in original production outside of the U.S., when the streamer picked, as its first international original, Gary “Gaz” Alazraki’s “Club of Crows,” a soccer-themed soapy drama about a dynastic sports ownership family.Since then, there have been several further incursions into the world of the novela, including some of the streamer’s most popular ever series such as “Who Killed Sara,” currently filming its third and final season, and “Café con Aroma de Mujer,” “Rebelde” and “The Queen of Flow,” the top three non-English language series on Netflix globally at the time of this article’s publishing, sure to be joined by the second season of “Dark Desire” when it launches on Feb. 2.

Wall Street reviews of Netflix’ latest earnings ranged from upbeat to more cautiously optimistic, with the latter taking hold today after a major jump in net new subscribers failed to ignite sales last quarter.

Zack Sharf Digital News Director Zack Snyder appeared on “The Joe Rogan Experience” and championed his recent pivot to Netflix. The 58-year-old filmmaker spent the bulk of his career making movies at Warner Bros., but he made the jump to streaming starting with the 2021 release of his zombie action movie “Army of the Dead.” Snyder’s latest Netflix original was “Rebel Moon,” which debuted in December and kicked off a new space saga for the streaming giant. A second “Rebel Moon” film arrives this spring.

EXCLUSIVE: Stand-up comic Deon Cole is set to return to Netflix with a third hour-long comedy special, to premiere later this year. While a title and logline haven’t been shared, he’ll tape his new hour at the LA Theater on May 2nd, as part of Netflix Is A Joke Fest 2024.

If you are thinking about upgrading your home media in 2024, as well as boosting your internet speeds, Sky might just be the provider for you. And whilst Christmas is already done and dusted for another year, the January sales that come after the holidays are not.

Netflix would add during the first quarter.It marked a huge comedown from the same time last year when Netflix added nearly 16 million subscribers.

hereDaniel says he expects house prices to double in Manchester over the next five to 10 years.“House prices can only increase in line with buyer demand," he said. "The demand has to be able to satisfy the prices being asked for."Property runs everything.

Fresh off its formidable sweep at the 73rd annual Emmy Awards, Netflix’s The Crown will come back for even more royal drama next year.

Maury the Hormone Monster takes center stage in the latest teaser art for Big Mouth‘s upcoming Season 5.

The TUDUM virtual fan event was presented and hosted by Netflix Anime V-Tuber N-ko, highlighted by the Drifting Home news, the next feature film project by Studio Colorido, the team behind 2020’s A Whisker Away.

Emily in Paris will make its retour au Netflix next year.

Wallace and Gromit are returning to screens for the first time in more than 15 years, with the BBC and Netflix snapping up Aardman’s latest animation, while Netflix has unveiled first look and cast for Aardman’s Chicken Run: Dawn of the Nugget.

As the Walt Disney Co. hit95 million Disney+ and 146 million total streaming subscribers per its latest earnings reporton Thursday, the milestonewas in focus for Wall Street analysts as they updated their financial models and recommendations for the Hollywood giant.

Disney+‘s significant expansion announcement last week.The streamer recently confirmed that it would be bringing 10 Marvel series, 10 Star Wars series, alongside a host of other new content, to fans in the next few years.Disney’s increased spending on content will come at a cost to subscribers, with the company announcing that users will have to pay more next year, with US fans paying $1 (£0.75) more from February 23, while UK fans will go from paying £5.99 to £7.99 a month.However, it seems

Netflix is cutting prices in dozens of countries by as much as half.“We’re always exploring ways to improve our members’ experience,” a Netflix spokesperson said in a statement. “We can confirm that we are updating the pricing of our plans in certain countries.”The streamer in recent months cut prices in a host of countries in the Middle East, Latin America, sub-Saharan Africa, Eastern Europe and parts of Asia.

Netflix stock closed the week at its highest level since last April, rising more than 8% Friday to end at $342.50 after the company reported strong subscriber growth and executed a smooth handoff atop its executive ranks.

Todd Spangler NY Digital Editor Shares of Netflix jumped more than 10% Thursday on news that the streamer had signed up almost 5 million customers for its ad-supported plan within six months of launch. At Netflix’s first-ever upfronts event Wednesday — held virtually — the company touted that it had signed up nearly 5 million global monthly active users following its initial introduction in early November 2022. About 80% of viewing by subscribers on the ad plan is on a TV, and the median viewer age of 34, according to the company. In addition, Netflix said more than 25% of new customer signups are now choosing the ad plan in the 12 countries where it has been rolled out, including the U.S.

Disney Hires Netflix EMEA Exec Emma Smart Disney has recruited Emma Smart, Netflix’s London-based director of business affairs for original series, as its VP for business affairs, originals. Smart will report to Diego Londono, Disney’s EVP, media networks and content, negotiating UK-based original productions, as well as having oversight of European production deals.

Black Friday may be the time to get the best deal ahead of the big day.But demand is huge for both the standard Switch console and the handheld Switch Lite version as people scramble to secure their own.Prices usually average around £279 for the gaming device - but some stores have slashed £50 off as part of the Black Friday sales.All Black Friday deals went live on Aldi's website at midnight - including Nintendo Switch consoles at a discounted price of £229.But shoppers were quick to share

970,000 customers cancelled their subscriptions in the second quarter, leading to an after-hours stock rebound of 7%. The market-leading streaming service now stands at 220.67 million worldwide subscribers and is projecting a global addition of 1 million new customers in the upcoming third quarter. That positive guidance is a big reason why Wall Street is showing some renewed confidence in the stock.

Zack Sharf Johnny Depp’s return to acting following his defamation trial against Amber Heard is not being backed by Netflix. Bloomberg reported that the Depp-starring French movie “La Favorite” is receiving “financial backing” from Netflix, but a source close to the streaming giant told Variety this reporting is not true. Netflix is not financing the movie but has licensed the film to stream in France only after it completes the country’s 15-month theatrical window.

By Todd Spangler

according to Business Insider. The embattled company saw its share price rise 10% Wednesday while Netflix’s stock price has risen 2%. In response to recent chatter, Roku has reportedly halted the employee trading window, which prevents employees from selling vested stock.

Todd Spangler NY Digital EditorNetflix shares plummeted to their lowest point since December 2018 as investors reacted to the streamer’s first subscriber loss in more than a decade — bringing years of booming growth to a screeching halt.The stock was below $254 per share in premarket trading Wednesday, down 27% from the previous closing price and sinking to a more than three-year low. That came after Netflix posted a Q1 loss of 200,000 subscribers and projected that it will lose another 2 million subs in Q2, prompting several analyst downgrades.

By Dade Hayes

By Todd Spangler