Entertainment

Netflix to raise prices as new subscribers soar

Published

5 months ago

January 22, 2025

editor

Netflix will raise prices across a number of countries after adding nearly 19 million subscribers in the final months of 2024.

The streaming firm said it will increase subscription costs in the US, Canada, Argentina and Portugal.

“We will occasionally ask our members to pay a little more so that we can re-invest to further improve Netflix,” it said.

Netflix announced better-than-expected subscriber numbers, helped by the second series of South Korean drama Squid Game as well as sports including a boxing match between influencer-turned-fighter Jake Paul and former world heavyweight champion Mike Tyson.

In the US, prices will increase across almost all plans including the standard subscription with no adverts which will now cost $17.99 (£14.60) a month, up from $15.49.

Its membership with adverts will also rise, by one dollar to $7.99.

The last time Netflix raised prices in the US was October 2023, when it also lifted costs for some plans in the UK.

Asked if prices were set to increase in the UK, a spokesperson for Netflix said there was “nothing to share right now”.

Meanwhile, the company said it finished last year with more than 300 million subscribers in total. It had been expected to add 9.6 million new subscribers between October and December but far surpassed that number.

It is the last time that Netflix will report quarterly subscriber growth – from now on it said it will “continue to announce paid memberships as we cross key milestones”.

As well as Squid Game and the Paul v Tyson fight, Netflix also streamed two NFL games on Christmas Day.

It will also broadcast more live events including WWE wrestling and has bought the rights for the FIFA Women’s World Cup in 2027 and 2031.

Paolo Pescatore, a technology analyst at PP Foresight, said Netflix “is now flexing its muscles by adjusting prices given its far stronger and diversified programming slate compared to rivals”.

Net profit between October and December doubled to $1.8bn compared to the same period a year ago.

Sales rose from $8.8bn to $10.2bn.

(BBC News)

Entertainment

South Indian actress Varalaxmi arrives in SL

Published

5 days ago

June 18, 2025

editor

Renowned South Indian actress Varalaxmi Sarathkumar arrived at Katunayake Airport yesterday (June 17) to play the lead role in the upcoming film “Cage Bird”.

The film is a Sri Lankan production directed by Chandran Ratnam, which is set for international release.

She arrived at the Katunayake Bandaranaike International Airport at 11:04 a.m. via SriLankan Airlines flight UL-122 from Chennai, India.

She was welcomed by Sri Lanka Tourism Promotion Bureau (SLTPB) officials, including Deputy Director Harendra Wijewardene and Assistant Director Chaminda Munasinghe.

Entertainment

Indian actor Mohanlal arrives in SL

Published

6 days ago

June 16, 2025

editor

Renowned Indian actor Mohanlal arrived in Sri Lanka on Saturday (June 14) for the second phase of shooting director Mahesh Narayanan’s big-budget film.

He landed at Bandaranaike International Airport at 11.20 a.m. via SriLankan Airlines flight UL-166 from Kochi and is expected to stay for 10 days.

Speaking to the media, Mohanlal praised Sri Lanka as a “beautiful destination with fresh cinematic backdrops” and expressed interest in filming more projects on the island in the future.

The film, produced by Antony Perumbavoor’s Aashirvaad Cinemas in collaboration with Anto Joseph Films, also features legendary actor Mammootty.

Key action scenes are set to be filmed during this schedule.

@Mohanlal is about to went to Sri Lanka to join the sets of #MMMN for a few days of shoot✌#Mohanlal pic.twitter.com/iUwjxOzD0p
— AKMFCWA Official (@AkmfcwaState) June 15, 2025

ലാലേട്ടൻ ❤️
Latest at Sri Lanka#MMMN Schedule @Mohanlal #Mohanlal pic.twitter.com/zj4L2Hm0sT
— AKMFCWA Official (@AkmfcwaState) June 15, 2025

Entertainment

Special award for renowned actress Iranganie Serasinghe

Published

1 week ago

June 15, 2025

editor

he 2025 Silver Screen Awards Ceremony held with the participation of the Prime Minister Dr. Harini Amarasuriya.

The 2025 Silver Screen Awards Ceremony was held on June 13 at the Bandaranaike Memorial International Conference Hall (BMICH), with the participation of Prime Minister Dr. Harini Amarasuriya.

The aim of this year’s awards ceremony included appreciating artists who enriched the Sri Lankan cinema industry during the years 1970–1975. At the ceremony, renowned actress Iranganie Serasinghe was presented with the Sumith Bibile Memorial Gold Award by the Prime Minister.

The Prime Minister also conferred awards to distinguished artists Padma Sri Kodikara, Dinesh Priyasad, and Indrani Perera.