Netflix today increased its prices in the United States and Canada. The news was first reported by Reuters and updated simultaneously on the company’s pricing help page.
Here is the breakdown of the new pricing:
- Basic plan: Up to $1 per month at $9.99. Includes the ability to watch or download on one device at a time, with video only in standard definition.
- Standard Package: Up to $1.50 per month at $15.49. Includes the ability to watch or download on two devices at once, with high definition video.
- Premium: Up to $2 per month at $19.99. Includes the ability to watch or download on up to four devices at once, with video available in ultra HD, also known as 4K.
Netflix last increased its prices in the United States in October 2020, when it increased at about the same rate. The Basic plan remained the same at the time, with the Standard plan increasing by $1 and the Premium plan increasing by $2.
Netflix’s next scheduled earnings call will be on January 20, 2022. In the company’s third-quarter letter to shareholders, Netflix said it expects “a more standardized content slate in 2022, with a greater number of ‘originals in 2022 compared to 2021 and a broadcast schedule that’s more balanced over the course of the year, compared to 2021.” In other words, it’s going to go back to doing more and more shows and movies, and those cost money.
It remains to be seen where the cap on Netflix subscriptions is.
T-Mobile – which has a “Netflix on Us” promotion that offers its subscribers deep discounts on the Netflix service if they run their Netflix billing through T-Mobile – said it is not removing the discount for plans. basic and standard.
“Earlier Today”, T-Mobile says on his press site, “Netflix has rolled out its new pricing structure. Rest assured, your Netflix is still on us! The Netflix benefit included in your plan is still on us. Standard or Premium), you’ll see Netflix’s price change reflected on your T-Mobile bill from the time their changes go into effect.