Megalith
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Get ready to pay just a bit more for your Netflix subscription: the streaming video service will be raising prices on its middle and top tier plans in the US starting in November. Subscribers who currently pay for the standard $9.99 service will be charged $10.99. The price of the premium tier will rise from $11.99 to $13.99. Good news for people on the basic $7.99 plan—that price is staying put, for now.
Netflix hasn't announced a major change in pricing since 2014. That increase featured a lengthy grandfathering system that meant many existing customers paid $7.99 until 2016. Netflix tried to institute a system that rolled out its price hikes slowly, giving longtime subscribers plenty of lead time. The intentions may have been good, but the process was confusing. The price change this time around is simple and immediate, particularly compared to its last increase. By December, every Netflix subscriber will be paying the higher price.
Netflix hasn't announced a major change in pricing since 2014. That increase featured a lengthy grandfathering system that meant many existing customers paid $7.99 until 2016. Netflix tried to institute a system that rolled out its price hikes slowly, giving longtime subscribers plenty of lead time. The intentions may have been good, but the process was confusing. The price change this time around is simple and immediate, particularly compared to its last increase. By December, every Netflix subscriber will be paying the higher price.