Netflix Plans to Increase Subscription Fees Once More

The Hollywood writers strike appears to be concluding, with screenwriters reportedly coming to terms with film companies over more equitable wages. However, actors continue to advocate for higher pay. This resolution will inevitably lead to higher costs for major Hollywood entities, including Netflix. As per a Variety report, Netflix intends to hike its prices in various markets to offset these expenses. At present, there is no specific information regarding the extent of the price increase and whether it will be applied globally.