American streaming giant, Netflix has announced that the price adjustment for its subscriptions in Nigeria will take effect in August 2024. ..Read Full Article
This will be the second price adjustment three months after the platform increased its subscription plans in April 2024.
THE WHISTLER had earlier reported that increased prices are already visible on Netflix’s subscription page, however, no formal notice was sent to streaming consumers.
Also, Netflix had said that concerning a price increase, consumers would receive an email with details about the price change one month before the billing date on which the price will increase.
Announcing the date of the new price, the streaming platforms in an email sent to consumers seen by THE WHISTLER, said it would become effective in August.
The streaming platform with the notice titled “Upcoming Price Update” said “Thank you for being a valued member since 2022. We hope you’re enjoying everything Netflix has to offer.
“We’re updating the price of the Standard plan to #5,500, bringing your new monthly total to #5,500 on August 28th, 2024”.
THE WHISLER reports that the lowest subscription plan, ‘Mobile’, has increased by 83 per cent from N1,200 to N2,200, while the Basic package, rose by 21 per cent from N2,900 to N3,500.
The Standard plan subscription with great video quality in Full HD (1080p), watched ad-free on any phone, tablet, computer or TV and available for download on two devices increased by 37.5 per cent from N4,000 to N5,500.
The Premium package with video quality in Ultra HD (4K) and HDR, available for downloads on six devices increased from N5,000 to N7,000 by a percentage surge of 40 per cent.
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