Netflix Announces Price Hike: Here’s What You Need to Know

Netflix is implementing another price increase, which was revealed in the company's third-quarter earnings report. Starting today, users who are subscribed to the $9.99 per month Basic plan will now pay $11.99. Those on the $19.99 Premium plan will see their rate rise to $22.99. Meanwhile, the $6.99 ad-supported plan and the $15.49 Standard tier will maintain their current pricing.

Netflix had previously raised its prices in January 2022 and stopped offering the $9.99 Basic ad-free plan to new and returning customers in July, compelling them to invest more to avoid advertisements. Prices for the Basic and Premium plans are also increasing in the UK and France, with the ad-supported and Standard plans retaining their existing rates. In the UK, the Basic and Premium plans will be priced at £7.99 and £17.99, respectively, while in France, the Basic plan will cost 10.99€, and the Premium plan will be priced at 19.99€.

In a letter to shareholders, Netflix stated, "As we deliver more value to our members, we occasionally ask them to pay a bit more," Netflix writes in its letter to shareholders." The company pointed out that their starting price is highly competitive compared to other streaming services. They used the example that their $6.99 per month plan in the US is considerably lower than the average cost of a single movie ticket.

However, the price hike has garnered discontent from many subscribers. A Reddit user expressed their dissatisfaction, saying, "First make more money with the crackdown. Then make MORE money with price hike. Will unsubscribe." Another Reddit user mentioned, "The only thing they were successful in was pushing me to cancel my long term subscription. I guess that counts as success."

According to the Netflix help page, they continue to add more TV shows and movies and introduce new product features. They stated that their plans and prices may change. "We also may adjust plans and pricing to respond to local market changes, such as changes to local taxes or inflation," they stated.

There are movies that we love and those we can't stand. For the actors starring in these films, some are proud of the work they did, while others wish they didn't sign up for certain projects. Actors of high and low status have regrets about the roles they've taken on during the course of their careers. Unfortunately for them, these movies will live on forever to haunt them. Some have openly bashed the films they starred in, while others have taken it in stride and made jokes about their poor choices. However, some of the movies on this list have become cult favorites, like the 2004 Catwoman movie Halle Berry starred in. Critics may have hated it, with a Rotten Tomatoes rating of a low 8%, but it still gained a cult following. While appearing on What What Happens Live in 2017, the actress was asked to rate the movie and while laughing, she says, "100."

Another film that has a large cult following is the Twilight film franchise. Robert Pattinson starred as Edward Cullen, the brooding heartthrob vampire of every teenage girl's fantasies during the late aughts. During the Twilight mania, Pattinson was overwhelmed by the intensity of it all, and his disinterest in the franchise was reflected in his press tour for the films. In a 2019 interview with USA Today, Pattinson revealed he has "very warm memories" since the mania died down. He told the publication, "People come up [to me] and just have very fond memories of it. It's a really sweet thing. I think the only scary part was right in the thick of it all, when it was very, very intense." The actor also spoke highly of the film's soundtrack. He said as he recently watched part of New Moon on TV. "It genuinely does have an incredibly good soundtrack. I completely forgot, but the soundtracks were quite ahead of their time." The New Moon soundtrack featured artists like Grizzly Bear, Bon Iver & St. Vincent, Lykke Li, Death Cab For Cutie, Muse, and The Killers.

Take a look below at which 14 actors hated the movies they starred in.