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Netflix Is Raising Subscription Prices Again, and We Don’t Know How To Feel About It
Rare
| 1/15/2019
| Silke Jasso
Click For Photo: https://coxrare.files.wordpress.com/2019/01/rare-7-1.jpg?w=1200&h=627&crop=1
Hey Netflix, just let us binge-watch our shows in peace, please! It turns out Netflix is raising their prices (again), affecting all subscription plans in the United States. This is the streaming service’s biggest price increase since it started, and will be effective immediately for incoming subscribers and will roll into effect for current subscribers over the course of the next three months.
The cheapest plan, which is the basic one, will allow you to stream movies and TV shows on one device in standard definition, increasing from $8 to $9 a month. The standard plan, which is Netflix’s most popular plan, will allow you to stream simultaneously on two devices in high-definition and will increase from $11 to $13 a month. Netflix premium plan, which allows four devices to stream simultaneously and in 4k will increase from $14 to $16 a month.
So why did the prices go up again this time around? Well, it might have something to do with NBCUniversal announcing they had plans for their own streaming service, which will be free for those with TV subscriptions and $12 for those without. Let’s not forget Disney and Apple’s plan to create an exclusive streaming service as well. Then, of course, there are other fan favorites such as Hulu, HBO, and Amazon Prime all creating original content, similar to what Netflix is already doing.
So, safe to say...
Hey Netflix, just let us binge-watch our shows in peace, please! It turns out Netflix is raising their prices (again), affecting all subscription plans in the United States. This is the streaming service’s biggest price increase since it started, and will be effective immediately for incoming subscribers and will roll into effect for current subscribers over the course of the next three months.
The cheapest plan, which is the basic one, will allow you to stream movies and TV shows on one device in standard definition, increasing from $8 to $9 a month. The standard plan, which is Netflix’s most popular plan, will allow you to stream simultaneously on two devices in high-definition and will increase from $11 to $13 a month. Netflix premium plan, which allows four devices to stream simultaneously and in 4k will increase from $14 to $16 a month.
Price - Hike - Increase - Percent - Netflix
The price hike reflects an increase of 13 to 18 percent for Netflix’s various tiers. But this isn’t the first time subscription prices have changed. Back in 2017, the company raised its prices from $9.00 to $10.00 and $11.99 to $13.99. These changes caused Netflix stocks to rise slightly.So why did the prices go up again this time around? Well, it might have something to do with NBCUniversal announcing they had plans for their own streaming service, which will be free for those with TV subscriptions and $12 for those without. Let’s not forget Disney and Apple’s plan to create an exclusive streaming service as well. Then, of course, there are other fan favorites such as Hulu, HBO, and Amazon Prime all creating original content, similar to what Netflix is already doing.
So, safe to say...
(Excerpt) Read more at: Rare
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