Netflix raises prices on its most popular plans

Netflix raises prices on its most popular plans

This is the case when the situation is ideal the phrase «Everything now is so expensive!». American popular entertainment company Netflix decided to raise prices for the first time in two years. Now the most popular, the standard plan will cost a dollar more — $10.99 per month.

Owners of the premium plan, which still cost $11,99 and allowed to watch movies and TV shows on 4 screens (instead of 2 in the standard plan), providing high quality video at 4K resolution, will rise by $2 to $13,99 per month.

Netflix raises prices on its most popular plans

The price of the basic plan, which costs $7.99 per month (users can watch videos in standard quality on a single screen) is unchanged.

Netflix has already raised prices for new subscribers in the US, but current subscribers increase waiting 19 Oct. The company reports that the changes will take effect over the next few months, as all subscribers will be notified no later than 30 days, depending on their payment schedule.

Its decision to raise prices Netflix argues adding more exclusive content and new features that facilitate use of the system and allow you to find something to watch in record time.

Since the previous price increase plans Netflix in October 2015, the company’s subscriber base in the U.S. grew from 44.7 million to 52.7 million (as of end of September).

This year, the leader in the sphere of network television also added a function to download content and increased expenses for original projects to $ 6 billion. Next year, Netflix plans to spend on its own movies and TV shows $ 7 billion. On this last week said chief content officer Ted Sarandos at the Vanity Fair conference in Los Angeles.

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