Netflix raises prices – again. However, while Netflix's latest price increase at the end of 2017 increased its subscription plan by a small percentage, Netflix immediately implements its biggest price increase in the company's history.
Subscribers can expect their subscription rates to rise from 13 to 18 percent according to the TV line. Netflix immediately announced a January price increase that increases the base plan cost from $ 8 to $ 9, while the streaming service's most popular, HD standard, is now running at $ 13 per month compared to $ 11 a month earlier. The most expensive plan, 4K Premium, will increase from $ 14 to $ 16.
This will be the company's first price increase since the end of 2017, and then the number of new subscribers dropped significantly. But in a statement added to the latest price increase, Netflix explained:
"We change pricing from time to time because we continue to invest in great entertainment and improve our overall Netflix experience."
Hopefully, by "improving the overall Netflix experience", more than running crisis control after targeting thumbnails. However, this price increase is likely to be a response to NBCUniversal, announcing it is entering streaming wars, while Disney, Apple and WarnerMedia are all about to launch their digital streaming platforms in 2019. Mouse is going to drag his Marvel and Star Wars Names of Netflix, in addition to designing their own original names that characterize superhero characters – endangering the giant Marvel series of streaming, for example Jessica Jones and Punisherwho continue to fall like a fly.
However, if you look at this rise in price compared to the major Netflix competitors, Hulu and Amazon, pay $ 12 and $ 13 respectively, which makes Netflix's new prices equivalent to them. And with Netflix came out the heels of phenomenal success with Bird box and our continued dependence on clean-up, the streaming giant may know that in the near future we will not wait for the wiring.
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