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Streaming service Netflix has announced a price hike for all three service tiers it offers in Singapore, to take effect from Jan 9, 2020.
The lowest tier service will go up by $1 a month, from $10.98 to $11.98. The mid-tier service will increase by $2 a month, from $13.98 to $15.98 while the top tier will climb $3 a month, from $16.98 to $19.98. All revised prices include taxes.
The tiers vary in price based on the quality of the image (standard, high or ultra-high) and the number of concurrent streams.
Singapore users had been expecting a revision after Netflix announced price hikes in the United States earlier in 2019.
Mr Leigh Wong, Netflix’s head of communications for South-east Asia, told The Straits Times that this is the service’s first price hike since the service launched in Singapore in January 2016.
“We have heavy investments in shows and we want to continue delivering great shows across all genres,” he said, explaining the hike. The increases will also fund technology improvements.
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