Netflix has announced it will be increasing its subscription prices by 17 per cent putting additional pressure on millions of household budgets already stretched amid the ongoing cost of living crisis.
Subscriptions to streaming services in the UK have continued to rise in the past year, with Ofcom reporting that almost half of people (49%) now consider them to be their main way of watching TV and movies.
Netflix is just one of many premium streaming services available on the market and finance experts at money.co.uk have crunched the numbers to work out the average cost per hour of content watched on each of the most popular platforms to find out which ones offer best value for money.
