Netflix has nearly 45 million subscribers in the United States, and just under 75 million subscribers worldwide.
According to a report by Engadget, the streaming service made the announcement during its Q4 2015 results presentation.
It also reminded existing users that their monthly fees would be going up in the coming months. Price hikes have already been implemented, but seasoned users were allowed to continue paying the “old” rates following the increase.
Netflix is priced in SA as follows:
- Basic – $7.99
- Standard – $9.99
- Premium – $11.99