![]() Netflix’s stock has jumped 53 since January, hitting an all-time high of more than 510 per share earlier this summer. it added 28 million new customers throughout all of 2019. The market likes the latest changes from Netflix on plan pricing, the company’s stock is up over 6% at the time of writing. Check out netflix prices increase Netflix has now started increasing its prices in Europe, starting in Germany, Austria, Switzerland and Liechtenstein. The extra cash will help to pay for Netflix’s huge investment in original shows and films and finance the heavy debt it has assumed to ward off rivals such as Amazon, Disney and AT&T. and will raise the cost of Netflixs premium plan, which includes 4k streaming, from 14 to 16 per month. This follows the prior price increases in 2017, 2019, and 2020. Just a few weeks back, the giant streaming company announced it would raise its pricing as of March 18, 2022. Netflix is expected to use the extra revenue to help with its large debts that it has amassed as it tries to fight off the competition: Get ready, folks for another price hike in the world of streaming media, as Netflix’s upcoming price increase is almost upon us. Between the plan price hikes and cutting out Apple as a middle-man, Netflix could see a healthy boost to its revenue for 2019.įurther, these Netflix changes come as Apple is set to launch its own streaming service as soon as March with the original content it has been working on over the last months. As a Netflix subscriber, I was shocked by the size of the increase, but I have not decided whether to change my subscription, cancel it, or just pay the higher rate. That move garnered plenty of attention and reaction, some quite vocal. We change pricing from time to time as we continue investing in great entertainment and improving the overall Netflix experience for the benefit of our members.Īll of this is more interesting in light of Netflix ending the option for customers to pay for the service through Apple/iTunes which means the company won’t have to pay Apple a 30% cut on subscriptions going forward. Earlier this week, Netflix increased their price for their most popular offering by 60. That’s a roughly 18% jump for the middle tier plan, and a 14% hike for the premium plan.Ī Netflix spokesperson shared the following statement with us about the news: Reported by CNBC, today’s news is that the same plans will now go from $10.99 to $12.99 and $13.99 to $15.99. The middle tier went from $9.99 to $10.99, while the top tier jumped from $11.99 to $13.99, an increase of 10% and 16%, respectively. In 2017, Netflix raised the prices on two of its three streaming plans. Go to in a browser and sign into your account (select your account if you have multiple family sign-in options) Hover over your avatar to the top right, select Account from the drop. These changes come ahead of Apple launching its own video streaming service as soon as March. ![]() We saw the last price hike in October of 2017, and the latest jump is the biggest since the company’s launch. Netflix is raising prices on its most popular subscription streaming service to 13 a month from 11. Netflix has announced that it will again be raising its prices for its streaming video plans. ![]()
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