Tech Friday: Streaming services and a price increase by Netflix
Posted By RichC on November 6, 2020
Although it was announced in October 2020, most existing Netflix subscribers won’t be feeling the 8% price hike immediately (new pricing over the next few months) … but prices are going up again. In our house we also have Amazon Prime for the movies and Prime shipping, but haven’t added any other services … our monthly cable and Internet keeps going up even as wireless cellphone prices keep coming down.
Under fire from Brenda when I cancelled during the 2011 price hike, I caved and we ended up in agreement that the HD quality streaming plan was still a good deal, although that was when they still had a lot of good movies. This time I mentioned the hike again just after we were complaining about their losing movies to competitors. I broached the cancel our service to her once again considering “I” might only watch a movie a month (if that) … but she vetoed it because she continues to stream old shows.
To Netflix’s credit, we have enjoyed some of their “produced” shows and last month watched an insightful (or is it incite-ful?) documentary The Social Dilemma with Katelyn and Drew, so perhaps it is still a good deal for their HD plan?
Netflix Raises Price of Standard Plan in U.S. to $14 per Mo
Four-stream Premium plan increasing by $2, to $17.99 per month
Here comes another price hike for Netflix customers in the U.S.: The streaming giant is raising the price of the Standard two-stream HD plan, its most popular package, by about 8% — going from $12.99 per month to $13.99.
In addition, Netflix’s Premium tier (with four streams and including 4K Ultra HD content) is going up by $2, from $15.99 monthly to $17.99 for U.S. customers. The price of the company’s Basic plan (with a single non-HD stream) will remain at $8.99 monthly.
New U.S. subscribers who sign up for Netflix’s Standard or Premium plans as of Oct. 29 will pay the higher rates immediately.
Current subscribers will see the new pricing over the next few months, according to a company rep. Members will be notified through email and also will receive a notification within the Netflix app 30 days ahead of their price increase. The timing will be based on the specific member’s billing cycle, according to Netflix.
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