Netflix Increases Prices!
I know what you’re thinking, “10% increase, they must be nutz!” Let’s keep this within reason, Netflix is raising most of their monthly subscription rates by $1.00.
The price increases will be passed along to new members effective immediately. Existing users will be subject to the same increases once Netflix notifies them by email in the upcoming weeks.
New Netflix Prices
Basic Plan – Increase from $7.99 to $8.99 / month
Standard Plan – Increase from $9.99 to $10.99 / month
Premium Plan – Increase from $11.99 to $13.99 / month
Why is Netflix increasing prices?
Netflix continues to invest in original content like Orange is the New Black, House of Cards and Ozark.
The only consumer segment this might hurt is the children dependant on these funds to satisfy their candy addictions. Otherwise, we’re just interested in seeing the next season of Stranger Things.
— Metro News Canada (@MetroNewsCanada) August 10, 2017