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Netflix is raising prices: This is how much more you'll spend

Netflix is raising prices: This is how much more y'all'll spend

Netflix logo on a TV screen next to a vase of flowers
(Epitome credit: Shutterstock)

Breaking news: Netflix's monthly price is going up for most folks, with those who pay the most begetting the highest price bump. And the pricing is official every bit of today (Jan. 14) for all subscribers in the U.Due south. and Canada (and then, international Netflix bills are unaffected).

As reported by The Hollywood Reporter, Netflix is raising the price of its Standard program (the one most people have) by $one.50 to $15.49 (formerly $xiii.99). This is the 1080p program that lets you stream from ii screens at one time.

The Premium package — which lets you stream in upward to 4K UHD on up to four screens at one time — is going up past $2, to $19.99 per month. Netflix's Hd (720p) $eight.99 per month package gets the smallest toll bump, now at $nine.99.

New Netflix plan prices

Netflix plan Former price New Price What you lot get
Bones $eight.99 per month $9.99 per calendar month 1 stream in SD
Standard $13.99 per month $15.49 per month Upwardly to ii streams in up to 1080p
Premium $17.99 per month $xix.99 per calendar month Up to iv streams in up to 4K UHD

Subscribers should expect an email and an in-app notification thirty days before their accounts will be billed with the new rates.

Analysis: Netflix's hike happens as competition rises

This is Netflix's start price hike since October 2020. Both price hikes felt akin to Netflix saying "Information technology's not like you're going out much these days, right?"

But this hike feels different. While the Oct. 2020 raise came during the early days of HBO Max and Peacock, those services take been getting amend. HBO Max spent 2021 giving us blockbuster movies on demand, while Peacock's motion-picture show library has quietly improved. Then Paramount Plus launched in March 2021, giving users another potential monthly fee to remember.

Of those, the $15 per month HBO Max (which has a $ten per calendar month advertizement-supported option) is the well-nigh expensive, while Paramount Plus and Peacock Premium (substantially a Standard tier) both costs $4.99 per calendar month. Neither Paramount Plus and Peacock accept had the must-come across hits such equally Squid Game that Netflix continues to go viral with, but with their ain alive news and sports, each is an interesting offer.

Frankly, nosotros wouldn't exist surprised if people thought about canceling Netflix in favor of other streaming services, simply while you make up your heed you lot could bank check out our guide on the 9 new movies and shows to spotter this weekend, which include titles on Netflix and HBO Max.

We will be updating this story every bit we learn more about how ane of the best streaming services merely got a little more expensive.

Henry is a senior editor at Tom's Guide covering streaming media, laptops and all things Apple tree, reviewing devices and services for the past six-plus years. Prior to joining Tom'southward Guide, he reviewed software and hardware for TechRadar Pro, and interviewed artists for Patek Philippe International Mag. He's also covered the wild earth of professional person wrestling for Cageside Seats, interviewing athletes and other industry veterans.

Source: https://www.tomsguide.com/news/netflix-is-raising-prices-this-is-how-much-more-youll-spend

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