Tis’ the season to raise some prices. Netflix will increasing their standard monthly subscription fee from $8.99 to $9.99 a month come November 11th. The cost increase is fairly marginally when you consider the amount of commercial free binge watching content you get from them when simply streaming. The last monetary change was in 2014 when Netflix added went from $7.99 to the current $8.99. Prior to that they kicked in a 4 device streaming limit plan in 2013 for $11.99.
The Netflix website is already showing the price change and is likely due to the standard 30 day free trial offer they always offer. If you aren’t a Netflix subscriber then you can look at the pros/cons of the various packages. The gap between subscriptions is now $2 each, but you gain quite a bit between them with the Premium package being the best bang for your buck if you have multiple HDTV’s and tablets.
For all you current subscribers, nothing will change. If you currently sport the $8.99 plan, your monthly payment won’t change in the slightest. All new subscribers going forward will be the only ones effected by the small increase.
Source: Bloomberg
