Netflix to Raise Prices in November

Netflix is raising its prices for US subscribers

TV and movie streaming giant Netflix is increasing the price of some of its subscription packages, with users to be charged an extra 50p or £1 per month.

Netflix said it learned a lot of lessons about how to best roll out price increases after an unpopular increase was carried out in 2016. This isn't the first time Netflix has increased its prices and it certainly won't be the last. The Standard plan will see its price increase from $9.99 a month to $10.99 a month.

It's unlikely the increase will deter Netflix's 100 million subscribers - especially if it comes with a promise of more high-quality original shows.

According to a report published by Mashable, Netflix is going to make two pricing tiers for its USA subscribers more expensive starting next month.




New customers to the service will of course face an immediate impact, while existing subscribers are already on monthly rolling contracts and so will face a 30 day notice period before the change is introduced.

The basic service, which enables Netflix streaming on one screen and doesn't allow for HD or ultra HD viewing, will remain at $7.99.

Will you have to cancel your subscription?

The streaming giant's "standard" (which includes high-definition streaming and two concurrent streams to devices) plan - as of October 5 for new subscribers October 19 for current subscribers - increases from $9.99 per month to $10.99 per month. Netflix is raising prices again for subscribers in the United States. Back in 2011, the company saw hundreds of thousands of customers drop its service after it said it would no longer include streaming and DVD rentals in a single subscription. The service also plans to raise prices in the U.K., France and Germany. This made a lot of people ask whether or not this would effect T-Mobile's Netflix On Us promotion and, it doesn't.

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