Netflix has announced that effective immediately, it’s raising the price of its most popular plan to $9.99 per month, up from the previous monthly rate of $8.99. Existing customers don’t have to worry about paying the higher subscription until October 2016, the company said. This plan allows two simultaneous streams for each customer and also includes high definition streaming; a cheaper non-HD $7.99/month plan will remain available. Netflix justifies the price jump by saying it’s necessary to help the company “bring more great content to users.”
Netflix is raising the price of its main plan to $9.99 per month
An increase of $1.00
An increase of $1.00
@LaciePassmore So we can brig more great content to users, the price for the 2-stream is going from 8.99- 9.99 for new members.
— Netflix US (@netflix) October 8, 2015 For comparison’s sake, Hulu now has two paid subscriptions: with ads for $7.99 per month, or an ad-free tier that costs $11.99.
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Most Popular
Most Popular
- Our long national sunscreen nightmare is almost over
- Kaleidescape’s movie player blows streaming, and your wallet, away
- Barret Zoph is out at OpenAI again after just five months
- Midjourney goes from generating cat images to full-body ultrasound scans
- Hue’s wired wall modules bring non-smart lights into its ecosystem
