Netflix continues to be the largest video streaming platform on demand globally, and this in the conditions that the pandemic will still keep people at home due to the new delta variant that is spreading extremely quickly. In 2020, Netflix recorded an incredible increase in the number of subscribers after the quarantine measures taken around the world forced people to remain locked in their homes, and this situation could be repeated at the end of 2021.
However, during the past year, Netflix made a series of decisions that did not bring much joy to millions of customers around the world, and this is because it increased subscription prices in certain areas. Netflix had to bear much higher costs with infrastructure and content licensing, to the extent that it could not produce another new one, and in some countries it increased subscription prices without much advance warning for customers.
Netflix: IMPORTANT decision for Millions of Subscribers
Netflix has not yet taken this step in the European Union, and although there were rumors suggesting that subscription prices will increase, including in Romania, the company has decided for now that such changes are not necessary. Netflix's decision to keep subscription prices unchanged in Europe, and beyond, helps us enjoy great content without paying a lot for it, in our country there are millions of active customers.
Netflix made a series of price increases for its subscriptions at the beginning of 2021, and it is speculated that they will continue until the summer in various countries, but the decision regarding Europe was different. Although Netflix did not increase subscription prices in Europe, this does not mean that it does not invest massively in the production of content for its subscribers, on the contrary, the company announcing that it will also spend 2020 billion dollars on content in 20.
Netflix could increase the prices of the subscriptions it sells at any time, generally these increases are about 1 euro, so not very high, but we can still expect them to appear at any time.
