Unsurprisingly, the streaming provider Netflix is now starting the next round of price increases: In the USA and Canada, the provider is now charging between one and two dollars more than before, depending on the subscription. Since the start of the offer, the price for a subscription has more than doubled – this is reported by The Verge and has published the latest information about the price increase at Netflix.
The price increase takes effect immediately for new subscribers. For existing subscribers, the changes will be rolled out “gradually,” with Netflix promising to email members 30 days before the price increase goes into effect. However, details have not yet been leaked.
The streaming provider has now increased its prices for all subscription plans. If you previously paid $8.99 for the basic subscription in the USA, you will now be paying $9.99. With the standard subscription, the price increases from $13.99 to $15.49. The premium plan with 4K support now even costs $19.99 instead of $17.99 previously. In Canada, prices have been adjusted accordingly.
Wait and see what happens in Europe
The new price model could also follow in Europe – but that’s not official. There is currently no information about this. “We’re updating our prices so we can continue to offer a wide variety of quality entertainment options,” a Netflix spokesperson told the Reuters news agency. “As always, we offer a range of plans so members can choose a price that fits their budget.” When Netflix started streaming movies and series more than ten years ago, you only paid $7.99. More subscription plans were added later. Prices have been rising rapidly, especially since the end of 2017.
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