Netflix increases subscription prices in Brazil

RIO DE JANEIRO, BRAZIL – Netflix announced on Thursday, 22 that subscription prices for streaming services will increase. The increases applied range from 18.3% to 21.8%.

In a statement, the company justifies the adjustment with the promise to offer the best experience for the subscriber, with the best original content and a wide variety of genres.
Check out the values:

Basic (single screen, no HD): from R$21.90 to R$25.90;

Standard (two simultaneous screens and HD content): from R$32.90 to R$39.90;

Premium (four simultaneous screens and Ultra HD): from R$45.90 to R$55.90.

The increase is valid for new subscriptions and for those who are already subscribers. The last adjustment in the price of subscriptions took place in March 2019.

According to Netflix, subscribers will be notified of the change within 30 days and will have another 30 days to decide whether or not to change their plans or cancel their subscription.

This week, the streaming giant released its Q2 2021 results. Netflix reported revenues of US$7.3 billion in the period, but the number of new subscribers slowed down.

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