Netflix raised prices for the sixth time since 2014

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Unfortunately, the inevitable has come: Netflix Its price increase (In the US and Canada, for now).

Here TL; DR is in the US:

  • The basic plan (480p, 1 device at a time) is going from $ 8.99 to $ 9.99
  • The standard plan (1080P, 2 devices) is going from $ 13.99 to 15.49.
  • Premium plans (4K, 4 devices) going from 17.99 to 19.99.

In Canada, standard plans Now the cost of the योजना 16.49 CAD (above $ 14.99 CAD) and premium plans will be 20.99 CAD (above $ 18.99) – the basic plans are the same in the North.

Prices are immediately effective for new customers, while for existing customers it will gradually roll out as they begin their next billing cycle.

Sigh.

Paying $ 1-2 dollars a month doesn’t seem like much, but remember that it belongs to Netflix. Sixth Streaming price increases for US customers since 2014. At the time, the standard plan cost only $ 7.99, compared to the premium plan of $ 11.99, so prices have almost doubled. For the record, the dollar has risen only about 18% since 2014.

I know it costs a lot of money to create all the original content, but I can’t help but feel that Netflix is ​​taking advantage of its position as a market leader.

This is useless for streaming fans. The thing is, in 2014, Netflix was not only very cheap, but it was the only streaming service TV fans really needed (yes, I don’t know anyone). Requirements To watch tv). I can find almost everything I want to binge on Netflix and maybe another service or two (in my case Hulu and Crunchyroll).

Compare that to the 2022 streaming market. There’s Prime Video, Disney +, HBO Max, Apple TV +, Paramount +, Discovery + and countless other little services that I’m forgetting. Of course, you don’t have to subscribe to all of them, but obviously, it’s a pain to keep track of which shows are on which platforms, especially since license agreements are always changing.

Obviously, it’s not Netflix’s fault that everyone wants to go into streaming, but I don’t think the company can justify raising its prices almost every year as the competition ramps up. Netflix may have more original content than ever before, but it seems like I’m getting less of what I really want to watch for my money.

Oh, I think there are always books.

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