Netflix Just Announced It’s Raising Prices
We had a feeling this day would come, and now it’s officially happening: Netflix announced that it will be raising subscription prices on two of its three plans.
Starting in November, subscribers to the standard and premium plans will see a price increase of a couple dollars per month, from $9.99 to $10.99 and $11.99 to $13.99. The basic plan will remain at $7.99. It’s not a ton, but these sorts of things do tend to add up.
Mashable reports that the new pricing will roll out depending on individuals’ billing cycles and that subscribers will be notified and given at least 30 days notice about the increase starting October 19.
We reported back in May that Netflix subscribers in Australia were seeing rising fares, and that that could signal a similar move in the US. Some commenters mentioned they would still be on board with Netflix, especially when you compare the cost of the service to traditional cable:
Though with Netflix’s recent focus on original content and their loss of some major series and franchises, like 30 Rock, How I Met Your Mother, HGTV, and Disney (with several jumping ship for rival Hulu), people might change their minds about streaming loyalty.
You can read more over on Mashable.
What do you think? Tell us in the comments…