Netflix Hikes Subscription Prices in U.S. and Canada



Netflix is increasing the cost of its subscriptions in the U.S. and Canada.


The Hollywood Reporter broke the news, which marks the first increase since October 2020.


The increases are as follows:


– The standard definition plan will increase from $8.99 to $9.99


– Two screen plans increase from $13.99 to $15.49


– The 4K premium plan, meanwhile, will increase to $19.99


Subscribers will be notified of the rising costs in an email or in-app notification 30 days in advance of when the price will be increased.


Canadian subscribers will face increases, too, with the standard plan rising to $16.49 CAD and the premium plan going to $20.99.


The basic plan will remain the same in Canada.


News of the increase comes after it emerged that the streaming service lost 400,000 subscribers in the region during the second quarter of 2021.


It did bounce back somewhat by adding 70,000 subscriptions, and we’ll have figures for quarter four of 2021 later this month.


“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 to Reuters.


“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,” the spokesperson added.  


The streamer has had a string of heavy-hitting TV shows and movies over the last few months, including Squid Game, Red Notice, The Witcher, and Don’t Look Up.


On tap for the coming months are Vikings Valhalla, Raising Dion, Inventing Anna, and so much more.


The network recently picked up Emily in Paris for Seasons 3 and 4 but canceled Gentefied after just two seasons.


It’s unclear at this stage whether other streamers will follow suit and increase.


Time will tell.


What are your thoughts on the news?


Has it made you reconsider keeping a subscription?


Hit the comments below.

Edit Delete

Paul Dailly is the Associate Editor for TV Fanatic. Follow him on Twitter.

You can view the original article HERE.

Kandi Burruss Shows Fans A Fun Session And Fans Are Here For It
Britney Spears responds to Jamie Lynn’s interview
Britney Spears Responds to Jamie Lynn’s GMA Interview
Britney Spears Says She Got So Sick She Thought She Might Die, Rips Sister
Shattered movie review & film summary (2022)
James Gunn Delivers Raunchy Greatness
Jeremy Irons Says Justice League ‘Couldn’t Have Been Worse’
Wolf Like Me movie review & film summary (2022)
The Weeknd lands third UK Number 1 album with ‘Dawn FM’ – Music News
Watch Bill Murray cover Tom Waits’ ‘The Piano Has Been Drinking’
Zendaya pays tribute to late singer Ronnie Spector – Music News
Kendrick Lamar is producing live-action comedy with ‘South Park”s Matt Stone and Trey Parker
Is bitcoin the future of online entertainment?
What Are The Main Trends In Online Gambling Wait Us In 2022?
The 5 Most Charismatic Sports Stars Of The 1940s
Technology-powered Workouts to Kick Off 2022
Netflix Hikes Subscription Prices in U.S. and Canada
Claws Will End with Season 4 on TNT
Gentefied Becomes First Netflix Series Cancellation of 2022
Law & Order: Organized Crime Season 2 Episode 11 Review: As Nottingham Was To Robin Hood
Best Raincoats | POPSUGAR Fashion
Daily News: Balmain X Barbie Is Here, British Vogue Spotlights Nine Faces Of The Future, Tracy Anderson Reveals Glimpse Of Her Intimate Wedding, And More!
Best Raincoats and Jackets From Old Navy
WATCH THE ERMENEGILDO ZEGNA FALL/WINTER 2022 FASHION SHOW RIGHT HERE!