Netflix Prices have once again been increased in United States of America and Canada. Check how much do you need to pay now.

Netflix Revises Plans for the US and Canada Subscribers, Check How Much to Pay Now

Netflix is going to raise the prices for each of its plans all across the United
States. Accordingly, the basic plan, which was available at $8.99, will now cost
subscribers $9.99. Meanwhile, the standard plan is now up at $15.49, which was
previously available for $13.99. Moreover, the 4K or the premium subscribers
will now have to pay $19.99 per month for their entertainment, which previously
cost them $17.99. The Netflix prices will increase in Canada too.

Notably, the increased prices will be in effect immediately; meaning new
subscribers will have to pay the revised prices for their plans. On the other
hand, for existing subscribers, the streaming giant will roll out the changes
“gradually”. Furthermore, Netflix has promised that it will inform 30 days
before the new prices are in effect.

ALSO READ: Netflix Cheap and Expensive Price Comparison by Country 2021
[https://netflixjunkie.com/netflix-news-netflix-cheap-and-expensive-price-comparison-by-country-2021/]


NETFLIX PRICES INCREASED ONCE AGAIN

Undoubtedly, the price hike may come as a shock to subscribers. However, in the
past few years, the prices for Netflix subscriptions have been increased
regularly. Below, you can see how the prices for subscriptions have increased in
the United States of America.

Price Jan 2022 Oct 2020 Jan 2019 Oct 2017 Oct 2015 Apr 2014 Apr 2013 2011
Premium (4K, 4 screens) $19.99 $17.99 $15.99 $13.99 $11.99 $11.99 $11.99 N/A
Standard (HD, 2 screens) $15.49 $13.99 $12.99 $10.99 $9.99 $8.99 $7.99 $7.99
Basic (No HD, 1 screen) $9.99 $8.99 $8.99 $7.99 $7.99 $7.99 N/A N/A


STREAMING COSTS AND INCREASED COMPETITION

Unfortunately, the increase in price this time comes when the subscribers
already feel that they are paying a little extra to Netflix. However, with more
streaming networks coming into the picture, including HBO Max and Disney Plus,
it has made Netflix spend big on production as well.

“We understand people have more entertainment choices than ever and we’re
committed to delivering an even better experience for our members,” a Netflix
spokesperson said as per a Reuters’ article
[https://www.reuters.com/technology/exclusive-netflix-raises-monthly-subscription-prices-us-canada-2022-01-14/].
“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.”

“Netflix has added customers despite prior price increases, which shows its
members have been willing to accept higher costs“, Evercore ISI analyst Mark
Mahaney said in the same article. “This is evidence that Netflix has pricing
power,” he added.

However, Netflix is not the only streaming service that has increased the prices
for its subscribers. Hulu hiked up the price
[https://www.theverge.com/2021/9/7/22661241/hulu-plans-ads-dollar-price-increase-monthly-subscription-disney]
of its ad-supported and ad-free tiers by $1 per month in October 2021.

Do you think Netflix will be able to justify all these price hikes? Or do you
think it has enough quality content to make audiences stay with them? Let us
know in the comments below.

Manorath Thacker

Comment

Netflix Revises Plans for the US and Canada Subscribers, Check How Much to Pay Now - Netflix Junkie

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Manorath Thacker (he/him) is a writer at Netflix Junkie. He is an English Literature graduate. Manorath is enthusiastic about Greek Mythology and Fiction. Very enamored of music, books, and all entertainment mediums. Some of his favorite shows and movies include How I Met Your Mother, The Witcher, Game of Thrones, Peaky Blinders, Rick and Morty, Lord of the Rings, and Dead Poets Society. Manorath can often be caught humming the tunes of One Direction and Hozier. He is also a big fan of Football and a passionate supporter of Real Madrid and can be found at the library buried under books or on the football field kicking the ball. He believes in spreading joy and treating people with kindness and can frequently be seen cooking and serving food with a happy heart and a smiling face. He aspires to make a name for himself in the writing field and dreams of publishing his own books someday.

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Netflix Revises Plans for the US and Canada Subscribers, Check How Much to Pay Now - netflix-junkie

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<p>Netflix is going to raise the prices for each of its plans all across the United States. Accordingly, the basic plan, which was available at $8.99, will now cost subscribers $9.99. Meanwhile, the standard plan is now up at $15.49, which was previously available for $13.99. Moreover, the 4K or the premium subscribers will now have to pay $19.99 per month for their entertainment, which previously cost them $17.99. The Netflix prices will increase in Canada too.</p>
<p>Notably, the increased prices will be in effect immediately; meaning new subscribers will have to pay the revised prices for their plans. On the other hand, for existing subscribers, the streaming giant will roll out the changes &#8220;gradually&#8221;. Furthermore, Netflix has promised that it will inform 30 days before the new prices are in effect.</p>
<p><strong>ALSO READ:</strong> <a href="https://netflixjunkie.com/netflix-news-netflix-cheap-and-expensive-price-comparison-by-country-2021/">Netflix Cheap and Expensive Price Comparison by Country 2021</a></p>
<h2>Netflix prices increased once again</h2>
<p>Undoubtedly, the price hike may come as a shock to subscribers. However, in the past few years, the prices for Netflix subscriptions have been increased regularly. Below, you can see how the prices for subscriptions have increased in the United States of America.</p>
<table class="p-data-table" width="100%">
<thead>
<tr>
<th>Price</th>
<th>Jan 2022</th>
<th>Oct 2020</th>
<th>Jan 2019</th>
<th>Oct 2017</th>
<th>Oct 2015</th>
<th>Apr 2014</th>
<th>Apr 2013</th>
<th>2011</th>
</tr>
</thead>
<tfoot></tfoot>
<tbody>
<tr>
<td>Premium (4K, 4 screens)</td>
<td><b>$19.99</b></td>
<td>$17.99</td>
<td>$15.99</td>
<td>$13.99</td>
<td>$11.99</td>
<td>$11.99</td>
<td>$11.99</td>
<td>N/A</td>
</tr>
<tr>
<td>Standard (HD, 2 screens)</td>
<td><b>$15.49</b></td>
<td>$13.99</td>
<td>$12.99</td>
<td>$10.99</td>
<td>$9.99</td>
<td>$8.99</td>
<td>$7.99</td>
<td>$7.99</td>
</tr>
<tr>
<td>Basic (No HD, 1 screen)</td>
<td><b>$9.99</b></td>
<td>$8.99</td>
<td>$8.99</td>
<td>$7.99</td>
<td>$7.99</td>
<td>$7.99</td>
<td>N/A</td>
<td>N/A</td>
</tr>
</tbody>
</table>
<h2>Streaming costs and increased competition</h2>
<p>Unfortunately, the increase in price this time comes when the subscribers already feel that they are paying a little extra to Netflix. However, with more streaming networks coming into the picture, including HBO Max and Disney Plus, it has made Netflix spend big on production as well.</p>
<p><em>&#8220;We understand people have more entertainment choices than ever and we’re committed to delivering an even better experience for our members</em>,&#8221; a Netflix spokesperson said as per <a href="https://www.reuters.com/technology/exclusive-netflix-raises-monthly-subscription-prices-us-canada-2022-01-14/">a Reuters&#8217; article</a>. &#8220;<em>We’re updating our prices so that we can continue to offer a wide variety of quality entertainment options</em>. <em>As always, we offer a range of plans so members can pick a price that works for their budget.</em>&#8221;</p>
<p class="Text__text___3eVx1j Text__dark-grey___AS2I_p Text__regular___Bh17t- Text__large___1i0u1F Body__base___25kqPt Body__large_body___3g04wK ArticleBody__element___3UrnEs" data-testid="paragraph-8">&#8220;<em>Netflix has added customers despite prior price increases, which shows its members have been willing to accept higher costs</em>&#8220;, Evercore ISI analyst Mark Mahaney said in the same article. &#8220;<em>This is evidence that Netflix has pricing power,</em>&#8221; he added.</p>
<p data-testid="paragraph-8">However, Netflix is not the only streaming service that has increased the prices for its subscribers. Hulu <a href="https://www.theverge.com/2021/9/7/22661241/hulu-plans-ads-dollar-price-increase-monthly-subscription-disney">hiked up the price</a> of its ad-supported and ad-free tiers by $1 per month in October 2021.</p>
<p data-testid="paragraph-8">Do you think Netflix will be able to justify all these price hikes? Or do you think it has enough quality content to make audiences stay with them? Let us know in the comments below.</p>


Netflix Cheap and Expensive Price Comparison by Country 2021

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Netflix Revises Plans for the US and Canada Subscribers, Check How Much to Pay Now

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