Netflix is increasing the cost of its subscriptions in the U.S. and Canada.
The Hollywood Reporter broke the news, which marks the first increase since October 2020.
The increases are as follows:
- The standard definition plan will increase from $8.99 to $9.99
- Two screen plans increase from $13.99 to $15.49
- The 4K premium plan, meanwhile, will increase to $19.99
Subscribers will be notified of the rising costs in an email or in-app notification 30 days in advance of when the price will be increased.
Canadian subscribers will face increases, too, with the standard plan rising to $16.49 Cad and the premium plan going to $20.99.
The basic plan will remain the same in Canada.
News of the increase comes after it emerged that the streaming service lost 400,000 subscribers in the region during the second quarter of 2021.
It did bounce back somewhat by adding 70,000 subscriptions, and we'll have figures for quarter four of 2021 later this month.
The Hollywood Reporter broke the news, which marks the first increase since October 2020.
The increases are as follows:
- The standard definition plan will increase from $8.99 to $9.99
- Two screen plans increase from $13.99 to $15.49
- The 4K premium plan, meanwhile, will increase to $19.99
Subscribers will be notified of the rising costs in an email or in-app notification 30 days in advance of when the price will be increased.
Canadian subscribers will face increases, too, with the standard plan rising to $16.49 Cad and the premium plan going to $20.99.
The basic plan will remain the same in Canada.
News of the increase comes after it emerged that the streaming service lost 400,000 subscribers in the region during the second quarter of 2021.
It did bounce back somewhat by adding 70,000 subscriptions, and we'll have figures for quarter four of 2021 later this month.
- 1/14/2022
- by Paul Dailly
- TVfanatic
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