{"id":108148,"date":"2020-10-30T13:51:52","date_gmt":"2020-10-30T13:51:52","guid":{"rendered":"https:\/\/gamerant.com\/netflix-price-increase-us-subscribers\/"},"modified":"2020-10-30T13:51:52","modified_gmt":"2020-10-30T13:51:52","slug":"netflix-just-got-more-expensive-game-rant","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/10\/30\/netflix-just-got-more-expensive-game-rant\/","title":{"rendered":"Netflix Just Got More Expensive | Game Rant"},"content":{"rendered":"

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Netflix<\/strong><\/a> announced it will raise the price of its standard and premium plans for US subscribers, marking the first cost increase from the streaming service in a year-and-a-half. However, the price hike will not affect the\u00a0basic plan, the cheapest of the three offerings.<\/p>\n

The standard plan, which\u00a0grants subscribers the ability to stream\u00a0on two screens simultaneously and access to Netflix’s HD library<\/a>, will increase from\u00a0$13 per month to $14 per month. The cost of the premium plan will also increase by $2 to\u00a0$18 per month. As the most expensive offering from Netflix, the premium plan\u00a0allows up to four simultaneous streams and also gives users access to ultra HD programming. The basic plan, which excludes HD programming and only allows one stream, will remain at\u00a0$9 per month.<\/p>\n

RELATED:\u00a0Stranger Things Season 4 Set Photos Show a Favorite Duo Reteaming<\/a><\/strong><\/span><\/p>\n

Per The Hollywood Reporter, Netflix is betting that users will continue paying for Netflix even as more streaming services enter the market<\/a>. “We understand people have more entertainment choices than ever and we’re committed to delivering an even better experience for our members,” a Netflix spokeswoman said in a statement. “We’re updating our prices so that we can continue to offer more variety of TV shows and films \u2014 in addition to our great fall line up. As always we offer a range of plans so that people can pick a price that works best for their budget.”\u00a0The cost of Netflix’s standard and premium plans has increased by $3 and $4, respectively, in less than two years, with the last US price hike having taken place in\u00a0May 2019.<\/p>\n

Investors were reportedly pleased with the news of the price increases. The streaming service had recently fallen short of its\u00a0subscriber estimates<\/a> and overall earnings goal for the third quarter of 2020, resulting in a substantial drop in stock prices.\u00a0Over the summer, the average revenue per subscriber in the US and Canada was $13.40.<\/p>\n

The price\u00a0increases could be a risky gamble considering\u00a0Disney+, Apple TV+, and Peacock\u00a0are all available at a lower cost<\/a> than Netflix’s standard plan. At this time, only HBO Max charges more than the standard Netflix plan at\u00a0$15 per month.<\/p>\n

AT&T recently touted a doubling of HBO Max activations<\/a> during the third quarter of 2020. However, it was not enough to offset the losses facing\u00a0WarnerMedia’s Warner Bros. division amid the COVID-19 pandemic.<\/p>\n

MORE: I Think You Should Leave and Other Equally Weird Shows on Netflix<\/a><\/span><\/p>\n

Source: The Hollywood Reporter<\/a><\/p>\n\n

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Netflix announced it will raise the price of its standard and premium plans for US subscribers, but the basic plan will not be impacted.<\/p>\n<\/div>","protected":false},"author":657,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Netflix Just Got More Expensive | Game Rant - ITTeacherITFreelance.hk","description":"Netflix announced it will raise the price of its standard and premium plans for US subscribers, but the basic plan will not be impacted."},"footnotes":""},"categories":[607],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/108148"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/657"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=108148"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/108148\/revisions"}],"predecessor-version":[{"id":108149,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/108148\/revisions\/108149"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=108148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=108148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=108148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}