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Netflix price hike hits Europe

Move mirrors announcement in the US last week, and follows price hikes in Scandinavia and Latin America earlier this year

Netflix has revealed plans to increase its European rates.

The move mirrors its announcement in the US last week, and follows price hikes in Scandinavia and Latin America earlier this year.

The cost of a standard UK membership, which lets users watch TV shows and films in HD and on two screens at the same time, has risen from £7.49 to £7.99 per month.

A premium plan, which allows subscribers to view programmes on four different screens simultaneously and watch in HD and 4K where available, now costs £9.99 rather than £8.99. The monthly cost of a basic plan in the UK will stay fixed at £5.99.

Outside of the UK, the two-screen plan will increase from €9.99 to €10.99, with the four-screen package €11.99 to €13.99.

For existing subscribers, the price hikes won’t come into effect straight away – they’ll be rolled out in the next few months, and subscribers will be notified 30 days in advance.

A Netflix spokeswoman said: “From time to time, Netflix plans and pricing are adjusted as we add more exclusive TV shows and movies, introduce new product features and improve the overall Netflix experience to help members find something great to watch even faster.”