Running Netflix can be expensive, the company is planning to increase the price

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San Francisco. Streaming giant Netflix is ​​reportedly planning to raise the price of its streaming service again, starting in the US and Canada, to make up for the revenue lost during the Hollywood strike.

According to The Verge report, the company may issue price increases a few months after the strike ends, which could happen in the coming weeks.

According to the report, this news was first published by the Wall Street Journal. It also remains to be seen how much the prices will be increased.

More than 15,000 television and film actors went on strike in July to demand higher wages and balance payments from streaming services.

The Screen Actors Guild-a union of the American Federation of Television and Radio Artists, which represents about 160,000 actors, is on strike because the union is in an agreement with the Alliance of Motion Picture and Television Producers regarding residuals and the use of AI. But has failed to reach.

They were following in the footsteps of the Writers Guild of America (WGA), which has been on strike since May 2. Last year, Netflix raised the prices of all its plans, increasing the ad-free standard tier to $15.49 per month and the premium plan to $19.99 per month.

The company also introduced a $6.99 per month ad-supported plan and later discontinued its $9.99 per month basic ad-free plan.

The company banned password sharing earlier this year and began charging an extra $7.99 per month to share your account with someone outside your household.

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