Yes, Netflix is raising its prices and the world is ending. The internet is beginning, as usual, the debate on whether Netflix is worth keeping. The most popular options are seeing a rate increase of one to two dollars this month. However, regardless of the one to two dollar increase, the republic will continue to stand.
Netflix announced on Friday that they will be increasing their HD plan, which has two screens viewing simultaneously, from $10 to $11. The 4K premium plan, which allows four screen simultaneous viewing will increase from $12 to $14. The very basic plan of one screen and SD viewing will remain at $8 per month.
When Will It Take Effect?
Depending on your billing cycle, the price increase for current members will begin on October 19th. If your billing comes before the 19th, you will receive the old price until your November billing. New members will begin being charged the new price.
“From time to time, Netflix plans and pricing are adjusted as we add more exclusive TV shows and movies, introduce new product features and improve the overall Netflix experience to help members find something great to watch even faster,” the company told Engadget.
While the internet cannot stand the one to two dollar increase, it is important to note two things: the last price increase was two years ago and they have to keep creating the content you enjoy. Shows like Orange is the New Black, Stranger Things and Narcos do not remain the same for each additional season. The internet and its pundits need to calm down.
Lastly, Netflix has created some great original content for years now. Their pricing has rose slowly over those years compared to the media giants. They continue to raise prices whenever the wind changes direction. Not to mention, Netflix shows are normally better than network television. You will deal with the rate increase and look forward to the next one. In two years.