(VOVWORLD) - Netflix increased subscription prices for some streaming plans in the United States, Britain and France on Wednesday as it shattered expectations for new customers, sending its shares surging 13%.
Almost 9 million subscribers joined Netflix around the globe in the third quarter, surpassing Wall Street analysts’ forecast for 6 million.
Netflix said it expected a similar number of additions in the current quarter.
Netflix makes many of its shows and movies overseas, which accounted for the bulk of its new sign-ups.
The company’s third-quarter customer gains represented its strongest quarterly uptick since the second quarter of 2020, when lockdowns early in the global pandemic led to an unprecedented surge in streaming subscriptions.
Netflix increased the US price of its premium ad-free plan by 3 USD per month to 22.99 USD.
The cost for premium rose by 2 pounds to 17.99 pounds in Britain and by 2 euros to 19.99 euros in France.