The Associated Press reported that Netflix is raising the price for its most popular U.S. video streaming plan by 10 percent. This change is going to affect most of Netflix’s 53 million U.S. subscribers.
As you might expect, the Netflix US Twitter account has been busy answering questions about the pricing change and clarifying things. The pricing change hasn’t happened yet. Netflix users will start getting emails about the pricing change on October 19, 2017, or after. Your email might arrive 30 days out from your billing date.
The standard tier, which allows subscribers to watch on two screens at once, will be bumped up from $9.99 to $10.99 per month. The premium tier, which is available in Ultra HD and allows users to watch on up to four screens, will go from $11.99 to $13.99. The Basic $7.99 per month plan will remain the same.
In other words, people who have the Basic Netflix plan will not see a change in price. Those who have either the Standard or Premium Netflix plans will see a change in price and will be paying an extra $1 or $2 per month for their Netflix plan beginning on, or sometime after, October 19, 2017.
The reason for the price increase appears to be so Netflix can continue to make original content.
I taketh $1-$2 so that I might Giveth more of thine favorite shows/movies/docs/comedy specials for many moons to come
— Netflix US (@netflix) October 5, 2017