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Netflix raising prices again



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 3 days ago '04        #1
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Sir_Burn_Alot  topics gone triple plat - Number 1 spot x8
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Netflix raising prices again
 

 
In a surprise move Netflix has announced that monthly subscription prices are going up for subscribers in both the United States and Canada. Reuters brings word of the increase, revealing that most plans from the service will increase between $1 to $2 apiece, the standard plan for example will be coing up form $13.99 a month to $15.49 a month. These mark the first price increases for Netflix in the US since October of 2020 and unlike the previous increases are effective immediately. The premium plan on Netflix, which gives users the option for ultra HD streaming, has been increased from $17.99 a month to $19.99 a month. Even the most basic plan from Netflix increased its plan by one dollar.

In a statement, a spokesperson for Netflix said: "We understand people have more entertainment choices than ever and we're committed to delivering an even better experience for our members...We're updating our prices so that we can continue to offer a wide variety of quality entertainment options. As always we offer a range of plans so members can pick a price that works for their budget."

The prices on Netflix have steadily gone up over the years, typically every other year, but this increase for even their most basic plan marks a first as the $8.99 price point for one stream at a time has been steady for some years. Netflix's basic plan was previously $7.99 back in 2019, with the latest dollar increase marking its first change in three years. All the other plans from the streamer went up in October of 2020, less than fifteen months ago.

As the statement from Netflix says, "people have more entertainment choices than ever." In the past year the streaming arms race has only gotten more competitive between Netflix, Disney+, HBO Max, Prime Video, Peacock, and Paramount+, with spending from these media companies largely in the billions as they attempt to create more and more streaming content. A previous report from 2021 revealed that Netflix had announced their plans to spend $17 billion on their original movies and shows last year alone, with no official number just yet about their spending plans for 2022. Considering the sudden price increase, and how competitors like Disney say they'll be spending $33 billion, it could be more.

Netflix's fourth quarter 2021 earnings call is scheduled to take place next week, expect more details then.
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126 comments
 

 3 days ago '04        #2
Sir_Burn_Alot  topics gone triple plat - Number 1 spot x8 OP
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 3 days ago '20        #3
Xiox  topics gone triple plat - Number 1 spot x1
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Inflation/greed is a b!tch
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 3 days ago '04        #4
NBA Brawler 
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Yeah I think I'm about to cancel them.
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 3 days ago '04        #5
Kadroan  topics gone triple plat - Number 1 spot x20
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Not surprised but it's still cheaper than cable
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 3 days ago '15        #6
mwtx  topics gone triple plat - Number 1 spot x2
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They better start adding live tv/ sports to justify this. sh*t starting to cost more than HBO and HBO got way better quality sh*t.
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 3 days ago '14        #7
rashadd 
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Man wasn’t the service like $7.99 at one time? I understand having to raise the price every once in a while, but how many times will this be necessary. When is enough is enough?





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Top 10 most propped recently  3 days ago '19        #8
FrivolousSports 
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Netflix been in billions of debt for over a decade
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 3 days ago '16        #9
Forza Nocta  topics gone triple plat - Number 1 spot x22
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[spoiler - click to view]

is free

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 3 days ago '15        #10
Mtyjoejnblkblnd  topics gone triple plat - Number 1 spot x1
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Top 10 most slapped recently  3 days ago '21        #11
FleshAxe  topics gone triple plat - Number 1 spot x3
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The pandemic made them step their sh*t up. Much better selection of quality to choose from.











Still using and
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 3 days ago '04        #12
nwking  topics gone triple plat - Number 1 spot x3
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Let's be real they could easily charge $20 and most people wouldn't blink. I still haven't upgraded to 4k, wait until they hit us with the 8k stream price in 5-6 years
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 3 days ago '18        #13
BlaqThum 
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2 threads same topic got hot topic…




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 3 days ago '06        #14
jester2trife 
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Its 2022. This should have replaced Netflix long ago fellas.
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 3 days ago '21        #15
RAD Consulting 
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Im canceling all subscriptions this week.
Been saying it all week and been too busy to make the call to my cards to cancel them and send me new ones.
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 3 days ago '06        #16
Sammyboi22 
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For the amount of content on there that ain’t bad. I have like 5 streaming services that total out to probably $100 a month. Works for me and the lady and we have a deep catalogue to pick from.
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 3 days ago '17        #17
HH080 
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 Mtyjoejnblkblnd said

Came in for this. Thank you
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 3 days ago '21        #18
RAD Consulting 
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 jester2trife said



Its 2022. This should have replaced Netflix long ago fellas.
Whats dat?
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 3 days ago '12        #19
SBiggady 
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 rashadd said
Man wasn’t the service like $7.99 at one time? I understand having to raise the price every once in a while, but how many times will this be necessary. When is enough is enough?





Back in 09 they stock was $7.99 😢
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 3 days ago '09        #20
ShadyVsEminem 
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 RAD Consulting said
Whats dat?
Stremio, it is good but Kodi with a real debrid account is still the best as it finds more sources and you can play 4k videos with no lag
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 3 days ago '15        #21
Thatdude28 
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I say this in every thread. Y’all wanna watch TV for $15 a month everything, I got you. PM me no gimmicks or catches. Plug n play or self install.
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 3 days ago '10        #22
kingblock 
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Stuck between canceling Netflix or my hulu/disney/espn+ subscription.

One of these bi*ches gonna have to go
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 3 days ago '10        #23
KJHARDY 
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I'm not the one paying for it.
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 3 days ago '15        #24
voltron 
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still cheaper than going to the theater
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 3 days ago '10        #25
bunun  topics gone triple plat - Number 1 spot x2
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after years of not having a netflix subscription, i took the plunge a few months ago, that sh*ts pretty good

before then i used cinemahd, with real debrid, i can get everything i can find on netflix for free, but netflix curates the categories i want to watch better
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