Netflix has again raised the monthly price of its most popular streaming plan in the us, with the two-stream HD tier now $10.99 per month for new subscribers - while existing customers will be moved to the new rate over the next several months.
The standard service, which went from $9.99 a month to $10.99, allows customers to stream shows and movies in HD on up to two screens at once.
The price increase has been made for the two most popular subscription plans, while the basic one remains unchanged. They actually have not introduced a price increase since 2014 and since then they have also introduced a lot of exclusive content.
According to Mashable, Netflix is raising the price of its standard, two screens plan from $9.99 to $10.99.
Expect a notification in the inbox of the email you used to subscribe from October 19, subscribers will be notified at least 30 days in advance of the change to their billing.
Netflix's pricing isn't obscenely high, it costs less than streaming services like Spotify, and the original content like Marvel's Daredevil, Stranger things, Orange is the new black among others make it worth it for viewers who are interested in them. The lowest price-point plan will not change. In August, Ted Sarandos, Netflix's chief content officer, told Variety that the company planned to spend about $7 billion for original programming next year. "I don't think we'll see an immediate impact (on Netflix subscriber numbers), but this could affect subscriber growth in the first or second quarters (next year) for Netflix".
Will you stick with Netflix through the price hike or is this a deal breaker for you? So there's that, T-Mobile's Netflix On Us promotion will still be available even with Netflix's prices increasing.
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