Netflix has just raised the price of its popular streaming plan
Netflix is getting more expensive. The company has just announced that the regular streaming plan now costs new customers $9.99 per month. It previously cost $8.99 monthly.
The increase was confirmed in a statement to Engadget:
“To continue adding more TV shows and movies including many Netflix original titles, we are modestly raising the price for some new members in the U.S., Canada and Latin America. As a thank you to existing Netflix members — who aren’t already benefiting from a previous price guarantee — we will maintain their current price for a year.”
With the $9.99 plan, viewers can see up to two different streams of HD video simultaneously. A basic plan, which only provides one stream of standard-definition video, is still $$7.99 per month. The premium plan with 4K video support and up to four streams at one time is $11.99 per month.
Current customers will get a year-long grace period before the new price begins for them in October 2016.
Along with a universal iOS app, the streaming video service is available through a number of other outlets, including the Apple TV. In late September, the iOS app was updated to allow users to subscribe directly from their iPhone or iPad.
For other news today, see: Like magic, all 7 Harry Potter editions are now on iBooks and Apple Music doesn’t want to play the free tunes shell game.