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Your Netflix Bill Is About to Get More Expensive - Again

05 October 2017

Their new Standard plan, which featured HD, which had been offered to recent customers for $9 a month and older customers for $8, was being raised to $10.

Enjoy your $9.99 Netflix subscription while it lasts, because prices for the streaming service are about to go up-but only in the U.S. Its most popular plan, which costs $10 for HD and viewing on two screens simultaneously, will increase by $1, to $11 per month.

The report says that the price increases are only happening in the US and that the new rates will take effect in November.

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Will this price hike effect your subscription to Netflix? The change to its price will now have subscribers paying $13.99 per month.

All your favourite Netflix shows are about to come at a higher price.

With online TV services from Hulu and YouTube entering the market at about $40 a month, "Netflix comes across as very economical", she said. That's the only plan that will not see a price jump from its $7.99/month. Those of you who have been subscribed to Netflix for years will remember a time when its streaming-only plan was $7.99.

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"We believe that Netflix's pricing power has increased materially over the past few years as their content slate and technology have improved", RBC analyst Mark Mahaney writes.

Wall Street appeared to approve of the move, as Netflix shares were up almost 4% to $191 apiece in midday trading.

Looking forward to the second season of Stranger Things? On Thursday, Netflix said it would raise the monthly fees on two of its three video-streaming subscription plans.

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The price increase for Netflix is limited to their Standard and Premium plans.

Your Netflix Bill Is About to Get More Expensive - Again