Netflix is raising the price of its standard and premium 4K plans in the US - Business Insider

Netflix's standard and premium plan prices are increasing in the United States. The basic plan will remain $9 per month for lower resolution streaming on a single screen at once. The most popular plan, the standard plan, which includes high-definition streaming on up to two screens, now goes for $1 more at $14 per month, while the most expensive premium plan got a $2 hike to $18 for 4K HDR and more simultaneous screens.

"We understand people have more entertainment choices than ever and we're committed to delivering an even better experience for our members," a spokesperson said. "We're updating our prices so that we can continue to offer more variety of TV shows and films — in addition to our great fall line up. As always we offer a range of plans so that people can pick a price that works best for their budget.

"Though the Q3 subscriber adds were disappointing, we believe the NFLX Long Thesis is well intact," Mark Mahaney, an analyst at RBC Capital Markets, said of the earnings report. The bank's research indicates that customers usually subscribe to multiple services "and Netflix is almost always one of those services," it said.

Those competing services are a growing group, though, and many are increasing the offerings in their own content library to compete. Perhaps most notably,Disclosure: Mathias Döpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member.Your morning cheat sheet to get you caught up on what you need to know in tech. Sign up to 10 Things in Tech You Need to Know Today.

So Netflix loses subscribers due to their controversial “Cuties” film and now they are asking people to return for a higher price? What if everyone worked together to cancelnetflix just to see what happens since we control them not the other way around.

So I guess all those cancellations had an effect?

Fuck Netflix

I’m not paying $18/mo to have choice anxiety over shitty content. No thanks.

Again

thanks for this news

I fucking called it! Greg Kelly, you owe me $150. Pay up, bitch!

Its time to cancelnetflix

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