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Its unknown how much the bump will be nor does The Wall Street Journal know when itll exactly begin.
Netflix is keeping its lips sealed as it has refused multiple inquiries from media outlets.
This past year and a half or so has seen Netflix enact multiple money-making strategies.
It all began back in March 2022 when theplatform bumped up the pricesfor all its subscription tiers.
Even though theWGAs calculations revealthe updated contract will amount to just 0.2 percent of Netflixs annual revenue.
When the password-sharing crackdown began, debates raged online claiming, This is the death of Netflix.
The gamble paid off for them at least, in the short term.
It could be a different story in the long haul.
Rising costs may finally prompt people to start canceling their subscriptions en masse.
Netflix might end up with egg on its face, and realize it took things too far.
