Netflix to Increase Prices Once Actors' Strike Resolves

Netflix is planning to raise the price of its ad-free service after the Hollywood actors' strike ends, with discussions underway for price increases in several markets globally. The initial price hike is expected to begin in the United States and Canada, although the exact amount and timing have not been disclosed. Talks between the actors' union and the studios are ongoing, with Netflix's shares rising over 3% following the news.