Today, Netflix (NFLX) unveiled its fourth quarter earnings report for 2024, providing insights into their recent financial progress. Alongside the fiscal information, Netflix disclosed plans to raise the cost of its Premium and advertisement-included membership levels.
In their Q4 2024 earnings report, Netflix announced an upward adjustment in their monetization segment. Specifically, the Premium subscription fee is set to rise from $22.99 to $24.99. Moreover, the ad-supported tier will see a price bump from $6.99 to $7.99, which represents the first price increase for this particular tier.
The complete Q4 2024 earnings statement from Netflix surpassed expectations across the board, causing its stock to hit a record peak.
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2025-01-22 00:57