“Africa loves you,” exclaimed businessman Patrice Motsepe, as he shook the hand of US President Donald Trump in Davos on Thursday. At a panel…
Nearly half of Netflix’s global user base will be paying a little bit more within the next three months, this after the streaming service announced a price increase in the US.
Its 58-million users within the country will now pay $1 more for its basic package, and $2 more for its HD and UHD streaming plans.
The cheapest package will now cost $9, with the other two priced at $13 and $16, respectively.
The price increase will also affect countries which are billed in US dollars, AP reports.
It’s the first time since October 2017 that Netflix reviewed its pricing scheme in the United States. And for those worrying, the increase to US prices doesn’t necessarily mean higher prices in South Africa.
Netflix’s local representatives told Memeburn in an email on Wednesday that an increase for the country is not dependant on US economics.
“Price increases are specific to each country and the US increase does not influence or indicate a global price change,” remarked the company.
Feature image: Memeburn