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Netflix Raising U.S. Prices Yet Again, Premium Plan Now Costs $23/Month
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All of the players are on the field. Maybe some of them play a bigger role in the “game”, but in the end, it’s a “team effort” that unfortunately results in consumers becoming increasingly frustrated.
It's cheaper to have cable now!
Going to cancel my Netflix and upgrade my Hulu, I rather spend it on Hulu.
Going to cancel my Netflix and upgrade my Hulu, I rather spend it on Hulu.
Careful with your use of ‘everyone’; very few people outside of the US give a hoot, and Netflix will keep raising prices whilst ever people keep paying it. To that end, I stopped last year.
Which Hulu?
Hulu streaming for $18/month?
Or HuluTV... the cable TV alternative... for $80/month?
I gotta ask whenever people say "cable is cheaper" since all these cable alternatives are around $80/month.
That's the real cost of cable TV... people forget how much cable is and how many useless channels you are forced to get too. Plus the terrible DVR boxes you need for each TV.
If you wanna say streaming is expensive and is full of a bunch of crap you don't want... well you just described cable.
Cable is also expensive and you also get a bunch of channels you don't want.
I guess it's safe to say that all video entertainment is expensive and has stuff you don't want.
This is how you push people back into Piracy. Already dropped down to Basic plan in Australia which they are getting rid of now. I have a rule that subscribing to 3 services is my limit. Seriously thinking of giving Netflix the hop and choosing Disney+ over it. I actually hardly watch it these days.
Just canceled them because of this nonsense.
Netflix today said that it is increasing the cost of some of its subscription plans in the United States, the UK, and France. Prices will be going up for the Basic and Premium plans in those three countries.
In the United States, the price of the Basic plan will increase from $9.99 to $11.99 per month, while the price of the Premium plan will increase from $19.99 to $22.99 per month. The ad-supported tier price will remain the same at $6.99 per month, as will the $15.49/month Standard plan.
Netflix no longer offers the Basic plan to new subscribers in the United States, but prices will presumably increase for existing subscribers.
The Premium Netflix plan is the only plan that provides access to 4K video streaming and spatial audio. The $15.49 Standard plan and the ad-supported plan are limited to 1080p.
Netflix announced the price hikes in its earnings call for the third quarter of 2023 [PDF], which took place today. Netflix said that it added 8.8 million new subscribers, up from 2.4 million new subscribers in the year-ago quarter. Revenue came in at $8.54 billion, up from $7.9 billion last year.
Subscriber growth comes after Netflix began cracking down on password sharing between households. Netflix says that cancel reaction to the password sharing limitation "continues to be low," exceeding its expectations.
Article Link: Netflix Raising U.S. Prices Yet Again, Premium Plan Now Costs $23/Month
How many people are you stalking ?
Where are my friends who said they were canceling Netflix for the ban on password sharing?!!!
Been saying it for a while but it really feels like the end game is to push all users onto ad supported plans. When you see a 4k with ads plan launched you’ll know it’s happening. Shareholder profits will always rule out over good user experience.
None of this goes to writer/actors. It's all profit.
Love this. The addicts will go broke before they quit. The numbers speak for themselves majority have no concept of value anymore.
Even more simple - don't even subscribe in the first place. Modern "entertainment" is American fast food tier dog ****.
No tech, or media company get any subscription from me and hasn't for years. Not Tim Cook's Apple, not Amazon and certainly not the disgusting predators in Hollywood.
This comes at a time where there is almost no new content that is worthwhile watching due to the Hollywood strikes. A risky move by Netflix.
I just cancelled HBO and Disney because I realized there’s not a lot of content I actually watch. These subscriptions are increasingly becoming poor value.
Like someone said here, this feels like cable all over.
It’s just a matter of time before they will force a minimum of 6 months.
I’ve read there’s an uptick of people downloading footage illegally which reminds me of the situation when media was distributed physically.
Pay-and-own-film might become attractive again, but the terms will need to improve including the ability to resell and to designate a successor.
I just cancelled HBO and Disney because I realized there’s not a lot of content I actually watch. These subscriptions are increasingly becoming poor value.
Like someone said here, this feels like cable all over.
It’s just a matter of time before they will force a minimum of 6 months.
I’ve read there’s an uptick of people downloading footage illegally which reminds me of the situation when media was distributed physically.
Pay-and-own-film might become attractive again, but the terms will need to improve including the ability to resell and to designate a successor.
I'll still pay for it. I enjoy some of their shows so much I can watch them over and over. And yes I know how to get them for "free" and how to stream them to my tv but they will stop making or licensing the shows I enjoy if everyone did that.
Not me. Ten years ago, I was walking through a store with my GF, telling her how in the future, there's going to be like twenty services and everyone is going to end up paying more than they were with cable... only with the inconvenience of having to remember all the logins and constantly switching back and forth.
And here we are lol
We’re long past the golden age of legal streaming, when content was concentrated on a single service, and subscribing was convenient and cheap.
Our house no longer has any streaming services. Too much choice was making the kids too demanding anyway.
Our house no longer has any streaming services. Too much choice was making the kids too demanding anyway.