Netflix price increases3/15/2024 That isn’t limited to direct rivals: Xbox Game Pass, PlayStation Plus, Spotify, YouTube Premium and Apple Music all jacked up their subscription costs in the last year. Disney+, Hulu and Max have all issued increases in the past 12 months. Netflix is hardly alone in raising prices. In addition to its price hikes, ad-supported plan and password-sharing crackdowns, the streaming service is even taking the peculiar step of moving into retail. Netflix has shifted its strategy as it adjusts from its peak-pandemic highs while facing increased competition. The service’s basic plan now costs 9.99 per month (up from 8. In addition, Netflix’s advertising-supported plan seems to be off to the hot start it expected as it accounted for 30 percent of all new sign-ups in countries where it’s available. Netflix first alerted subscribers to its coming price increases in late January. Paid net subscriber additions were 8.76 million for Q3, the biggest increase of the last year. Effective immediately, Netflix is hiking the monthly price of its costliest plan in the U.S. ![]() The price increase will go into effect for subscribers in the United States and Canada. Paid memberships are up to 247.15 million, a significant 10 percent annual increase. It’s been revealed that streaming platform Netflix is once again preparing to raise its prices. Now when I sit down and want to watch a specific movie or something, its so much easier to just pay 1.99 and start watching it. Maybe its because I am older now, but I used to pirate everything. The company’s move to limit password sharing appears to have paid off. For customers on the basic plan (which you can no longer sign up for) the new price per month is going up from 9.99 to 11.99. The price increase sucks, but netflix is still a better service than any of the others and its not like I am gonna go back to commercials or pirating. ![]() “Our starting price is extremely competitive with other streamers and at $6.99 per month in the US, for example, it’s much less than the average price of a single movie ticket.” As part of the streamer’s third quarter earnings results, Netflix announced that starting today, users on its 9.99 per month Basic plan will now have. “While we mostly paused price increases as we rolled out paid sharing, our overall approach remains the same - a range of prices and plans to meet a wide range of needs, and as we deliver more value to our members, we occasionally ask them to pay a bit more,” Netflix wrote in its earnings report. Netflix is getting another price increase. Starting today Netflixs non-HD, one-screen-at-a-time Basic plan will be 11.99 per month, up 2, or 16.7 percent, from the 9.99 price set during Netflixs last price increase in January 2022.
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