Netflix’s latest price hikes in the US are starting to come into effect.
Subscribers may have recently been contacted by the company alerting them that the price of their plan will change starting with their next billing cycle.
I was recently sent such an email letting me know that my monthly bill would go up starting March 30th, 2022 — but some Netflix users may have already seen their bill increases hit.
Netflix spokesperson Kumiko Hidaka told The Verge that the price increases are rolling out to existing subscribers “over weeks,” adding that some subscribers may have already been notified and seen the changes applied.
Netflix first alerted subscribers to its coming price increases in late January. The service’s basic plan now costs $9.99 per month (up from $8.99), its standard tier costs $15.49 per month (up from $13.99), and its 4K tier costs $19.99 per month (up from $17.99). That means Netflix is now charging up to nearly $20 every month for access to its service — a pretty significant milestone for the streamer.
Netflix has long said that it will continue gradually increasing its price relative to the value it provides. That means churning out more TV shows and movies — and now video games — and dumping truckloads of money on bringing that content to life.
Short of adding an ad-tier, which Netflix hasn’t indicated it’s planning to do any time soon, Netflix has got to find money for that content from somewhere. Intermittent price increases and its as-of-yet experimental password crackdown are two ways of going about it.
In its initial announcement, Netflix said subscribers will be notified by email 30 days before their price changes arrive. And sure, it’s just another buck or two a month, depending on which plan you’re subscribed to. But taken together with all the other stuff we pay to subscribe to — which may be getting their own price hikes — it all starts to add up! Let’s hope those newly announced Netflix mobile games live up to the hype.
Latest Stories
-
2024/25 Ghana League: Bechem United shock Chelsea in Berekum
46 mins -
GPL 2024/25: Nations FC beat Asante Kotoko to go top
46 mins -
GPL 2024/2025: Gold Stars drop to 2nd after 2-0 defeat to Medeama
52 mins -
#GPL 2024/25: Hearts pip Karela in Tamale to move into top 4
56 mins -
Feedback from Klopp, others more valuable than just anybody – Otto Addo to critics
1 hour -
Support us if you want to qualify for the World Cup – Otto Addo to Ghanaians
2 hours -
Defective ballot papers for Ahafo and Volta Regions destroyed by EC
2 hours -
Election 2024: Be fair and transparent – Togbe Afede to EC
2 hours -
AFCON 2025Q: Poor home form cost us – Otto Addo
2 hours -
Togbe Afede criticises recent Supreme Court rulings as uninspiring and illogical
2 hours -
GPL 2024/2025: Accra Lions remain bottom after draw against Kpando
2 hours -
NDC condemns Dela Edem’s ‘unsavoury and distasteful’ comments about kufuor; issues public apology
2 hours -
‘Let them burn the sea; don’t return if Parliament is recalled’ – Asiedu Nketiah to NDC MPs
3 hours -
Bawumia’s commitment to excellence will ensure Ghana fulfills its potentials – Prof. Etse Sikanku
3 hours -
Ensign Global College marks 10th anniversary with 9th congregation
3 hours