Further Price Increase Could Lead to Half of Netflix Users Cancelling Subscriptions

Further Price Increase Could Lead to Half of Netflix Users Cancelling Subscriptions


A recent study has revealed that ⁣almost 50% of Netflix users would cancel their ⁣subscription if the price for the⁣ ad-free option increased. ⁤This comes after Netflix announced a⁣ price hike due ⁤to the conclusion of the Hollywood actors’ strike. The exact timing⁢ and extent of the price‍ increase remain uncertain.

The study, ⁤conducted by CivicScience,‌ found that⁤ 39% of ⁢Netflix users would terminate their subscription​ if the⁢ price went up. In ‍contrast, 31% ​stated that they would switch to the ad-supported version ​of Netflix, while only 29% said ‍they would continue with the ad-free subscription.

The CivicScience survey⁢ was carried out on October 10th and involved 4,000 individuals who have a Netflix subscription.

Source from⁣ www.playground.ru

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