Netflix won’t raise prices in Spain, but it will make the basic plan disappear

Netflix This was announced Starting October 23, the plans in Spain will be updated, This is a measure that has sparked a lot of controversy, for fear of a new increase in prices. However, it is just a change in plans, from that day onwards there will be Standard plans with ads, Standard and Premium plans, The basic plan of 7.99¤ per month is gone.

Of course, the rest of the prices do not increase. Moreover, If you already have the basic plan Before it disappears, your subscription will not change, it will only be for those new to the platform.

“Our immediate priority is to grow our ad-supported plan subscriptions so that Netflix becomes an essential purchase for advertisers. This is essential for advertising to become the substance of our business“They explained.

“In Q3 2023, our ad-supported subscriptions increased approximately 70% QoQ They now represent about 30% of all new registrations in our 12 countries under this plan.”they highlighted.

“This growth has been driven by the improvements we have made to our offering, including dual screens, high-quality video and programming that is now on par with our other plans, In addition to phasing out our basic plan for new and returning members in the US, UK, Italy and Canada. “This change has led to the adoption of standard advertising and plans, and we will be making the same change in Germany, Spain, Japan, Mexico, Australia and Brazil next week,” they said.

Netflix plan prices in Spain

• Basic plan with ads: €5.49 per month (one device only)

• Basic plan: €7.99 (one device only)

• Standard plan: €12.99 per month (2 1080p HD displays)

• Premium plan: €17.99 (four 4K+HDR displays)