If you’re looking to ditch the satellite dish or cable subscription, streaming service Netflix is one of the best picks to get your TV show and movie fix with, but if you’re still pondering on forking out the monthly cash
, you might want to act quick – the company is going to raise the prices for new subscribers, and soon. Read on for all the details!
, you might want to act quick – the company is going to raise the prices for new subscribers, and soon. Read on for all the details!
Netflix CEO Reed Hastings has announced in the latest quarterly earnings letter that the company will be increasing the price of new subscriptions in the next few months – but it will be only be a “one (£0.60) or two (£1.19) dollar increase”, depending on the country. New members looking to subscribe to the streaming service will likely have to shell out more than the current £5.99 a month to be able to beam down their favourite flicks and shows when the price rises, but current subscribers will be able to keep the same monthly cost for a “generous time period”.
increase”, depending on the country. New members looking to subscribe to the streaming service will likely have to shell out more than the current £5.99 a month to be able to beam down their favourite flicks and shows when the price rises, but current subscribers will be able to keep the same monthly cost for a “generous time period”.
Hastings has said that raising the fee will help Netflix “acquire more content and deliver an even better streaming experience”, which could point to more shows such as House of Cards being produced in the future, and you can bet on more 4K streams will be available further down the line too – but will all of that be worth the added cost for you?
The monthly subscription was raised in Ireland earlier in the year by a single Euro to €7.99 (£6.56) a month, while subscribers who were on the cheaper plan were locked into that rate for two years – it’s currently unknown how much the price will be raised to in the UK, and if current subscribers will get to enjoy the same two-year grace period, but we’ll be sure to keep you updated as soon as we hear it.
how much the price will be raised to in the UK, and if current subscribers will get to enjoy the same two-year grace period, but we’ll be sure to keep you updated as soon as we hear it.
With Netflix raising its prices soon, will you be signing up as soon as possible, or are you more tempted by Amazon’s Prime Instant Video service instead?
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