Some people were worried that Netflix wouldn't be able to get new customers because of competition, higher prices, and delays in new shows. But actually, they added 8.8 million new subscribers from July to September, which is the most in over two years. They did this by charging extra for people who share their account with other households, and by offering a cheaper plan with ads.
Netflix thinks that people will keep watching their shows because they have a mix of popular shows they made themselves and shows they bought from other companies. They know that buying shows from other companies is important, especially now that there's a strike in Hollywood and new shows aren't being made.
Netflix is doing really well financially. They made 7.8% more money in the last three months, and they made $1.67 billion in profits. They want more people to switch to the cheaper plan with ads because they think it will make them even more money. That's why they're making the basic plan more expensive, so people will choose the cheaper one instead.
Experts think that Netflix will keep raising prices in the future to make sure they keep making money. They also think that Netflix will start doing other things, like opening stores and places where people can eat and have "Netflix experiences." After they announced the price increase, the value of Netflix shares went up by more than 10%.
Original news source: Netflix raises prices despite password crackdown success (BBC)
π Vocabulary:
Group or Classroom Activities
Warm-up Activities:
– News Summary
Instructions:
1. Divide the class into pairs.
2. Give each pair a few minutes to read the article.
3. Instruct one student to summarize the main points of the article to their partner.
4. Have the partners switch roles and summarize the article again.
5. Bring the class back together and ask a few pairs to share their summaries with the whole group.
– Opinion Poll
Instructions:
1. Divide the class into small groups.
2. Assign each group a specific question related to the article, such as "Do you think Netflix's price increase is justified?" or "Would you switch to the cheaper plan with ads?"
3. Give the groups time to discuss their opinions and come up with reasons to support their stance.
4. Have each group present their opinions and reasoning to the rest of the class.
5. Facilitate a class discussion where students can share their own opinions and respond to the arguments presented by other groups.
– Vocabulary Pictionary
Instructions:
1. Write a list of key vocabulary words from the article on the board.
2. Divide the class into small groups.
3. Instruct each group to choose one word from the list and draw a picture that represents that word.
4. Give the groups a few minutes to draw their pictures.
5. Have each group take turns presenting their picture to the class, while the rest of the class tries to guess the corresponding word.
– Pros and Cons
Instructions:
1. Divide the class into two groups.
2. Assign one group to discuss the pros of Netflix's price increase, and the other group to discuss the cons.
3. Give the groups time to brainstorm and come up with reasons to support their assigned stance.
4. Have each group present their arguments to the rest of the class.
5. Facilitate a class discussion where students can share their own thoughts and opinions on the pros and cons discussed.
– Future Predictions
Instructions:
1. Instruct each student to write down three predictions about the future of Netflix based on the information in the article.
2. Divide the class into pairs and have the students share their predictions with their partner.
3. Encourage the students to discuss and debate the likelihood of each prediction.
4. Bring the class back together and ask a few students to share their predictions with the whole group.
5. Facilitate a class discussion where students can compare and contrast their predictions and provide reasoning for their opinions.
π€ Comprehension Questions:
Netflix is raising the prices of some of its subscription plans to make more money and ensure their financial success.
Netflix added 8.8 million new subscribers from July to September.
Netflix attracted new subscribers by charging extra for people who share their account with other households and by offering a cheaper plan with ads.
Netflix thinks people will continue to watch their shows because they have a mix of popular shows they made themselves and shows they bought from other companies.
Netflix is doing well financially. They made 7.8% more money in the last three months and made $1.67 billion in profits.
Netflix wants more people to switch to the cheaper plan with ads because they believe it will generate even more money for them.
Experts think Netflix will continue to raise prices to ensure their financial success. They also believe Netflix may start opening stores and places where people can have "Netflix experiences."
After the price increase was announced, the value of Netflix shares went up by more than 10%.
π§βοΈ Listen and Fill in the Gaps:
is to make some of its plans more expensive. Even though they've been well at stopping people from sharing passwords, they're still raising prices. In the UK, the basic plan will cost Β£1 more at Β£7.99, and the premium plan will cost Β£2 more at Β£17.99. In the US, the premium plan will cost $3 more at $22.99, and in France, it will cost β¬2 more at β¬19.99. Some people were worried that Netflix wouldn't be able to get new customers because of , higher prices, and in new shows. But actually, they added 8.8 million new subscribers from July to September, which is the most in over two . They did this by extra for people who share their account with other households, and by offering a cheaper plan with ads. Netflix thinks that people will keep watching their shows because they have a mix of popular shows they made themselves and they bought from other companies. They know that buying shows from other companies is important, especially now that there's a in Hollywood and new shows aren't being made. Netflix is doing really well financially. They made 7.8% more in the last three months, and they made $1.67 billion in . They want more people to switch to the cheaper plan with ads because they think it will make them even more money. That's why they're making the basic plan more expensive, so people will choose the cheaper one instead. Experts think that Netflix will keep prices in the to make sure they keep making money. They also think that Netflix will start doing other , like opening stores and places where people can eat and have "Netflix ." After they announced the price increase, the value of Netflix shares went up by more than 10%.
π¬ Discussion Questions:
1. What is Netflix and why is it popular?
2. How would you feel if Netflix raised its prices? Why?
3. Do you think it's fair for people to share their Netflix account with others? Why or why not?
4. Have you ever shared your Netflix account with someone else? Why or why not?
5. What do you think about Netflix offering a cheaper plan with ads? Would you choose that option? Why or why not?
6. How important is it for Netflix to buy shows from other companies? Why?
7. How do you think the strike in Hollywood affects Netflix?
8. Do you think Netflix will continue to be successful in the future? Why or why not?
9. How do you think opening stores and "Netflix experiences" would benefit Netflix?
10. Would you be interested in going to a Netflix store or having a "Netflix experience"? Why or why not?
11. How do you feel about companies raising prices to make more money?
12. Do you think it's worth paying more for a subscription if it means getting access to more shows? Why or why not?
13. What other streaming services do you use, and how do they compare to Netflix?
14. How do you think the increase in prices will affect Netflix's competition with other streaming services?
15. Do you think it's a good idea for Netflix to focus on making more money, or should they prioritize providing affordable plans for their customers? Why or why not?
Individual Activities
ππ Vocabulary Meanings:
Click a dot next to a word, then click the dot next to its meaning to draw a line connecting them.
Words
Meanings
π‘ Multiple Choice Questions:
π΅οΈ True or False Questions:
π Write a Summary:
Write a summary of this news article in two sentences.
Check your writing now with the best free AI for English writing!












