Will you keep your Netflix subscription after the latest round of price-hikes and password crackdowns?
The amount you’ll pay for Netflix each month just went up, and the question I have is this: Is the quality of content Netflix is putting out worth the extra fee?
“While we mostly paused price increases as we rolled out paid sharing, our overall approach remains the same — a range of prices and plans to meet a wide range of needs, and as we deliver more value to our members, we occasionally ask them to pay a bit more,” Netflix said in a letter to shareholders.
So that’s the $64,000 question: Is the value Netflix is offering subscribers worth the extra monthly fee?
Before we answer that question, let’s get down to brass tacks. The actual increase isn’t a lot, and it doesn’t affect every plan, but it comes on the heels of other big moves by Netflix, including a major crackdown on password sharing.
For customers on the ads tier ($6.99) and standard tier ($15.49) the price will remain the same going forward—for now. For customers on the basic plan (which you can no longer sign up for) the new price per month is going up from $9.
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USA — Financial Netflix Just Raised Prices Again — Here’s How It Affects Your Subscription