Netflix Raises Prices in South Africa, Hints at Global Expansion

Video streaming giant Netflix has announced a price increase for its subscription plans in South Africa, signaling a potential trend across the globe. The platform hiked prices across all tiers, with Standard and Mobile plans seeing increases ranging from 13% to 20%. While this marks the first price adjustment in four years, Netflix attributed it to local factors such as inflation and service upgrades. A statement on the company’s website hints at possible future price hikes due to varying market conditions.