Netflix has raised its monthly subscription prices in the US for the first time since January 2019.Will it’s viewership go down?

Netflix’s recent price hike may lead to a decline in viewership. Historically, price increases have prompted some subscribers to cancel their plans, especially those sensitive to cost changes

However, Netflix’s strategy includes introducing an ad-supported plan to attract budget-conscious users. While some viewers might leave, others may switch to the cheaper ad-supported option, balancing the overall impact. Additionally, Netflix’s investment in original content aims to retain subscribers despite higher costs.

Overall, viewership might dip initially, but strategic adjustments could mitigate long-term losses.

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