Netflix raises prices across the board for US members

Big picture: Netflix is ​​raising the price of its streaming subscription service in the US for the second time during the epidemic. With more entertainment options now than ever before, Netflix will use the extra money to offer customers a wide range of quality options on its platform.

The basic Netflix account, which allows for streaming on one device at a time and does not include HD or 4K content, is now priced at $ 9.99 per month. Moving to standard tier allows you to watch two screens simultaneously and HD content at $ 15.49 per month, an increase of $ 1.50 over the previous rate.

The top-tier premium package allows four simultaneous streams as well as 4K Ultra HD content when available. It will now return you 19.99 per month, up from 17.99.

Rates Also rising in Canada, with the standard plan now priced at 16.49 CAD per month.

A spokesman said Reuters They are updating pricing so that they can continue to offer a wide variety of quality entertainment options. “As always, we offer a range of plans so that members can choose the appropriate price for their budget,” the spokesman added.

See also: Against all odds: how Netflix made it

Share prices on Netflix shot down to about $ 20 in the news but closed after losing half of those gains to 25 525.69.

Netflix Lately, its price has gone up In the United States in October 2020, tackling मानक 1 in standard tier and $ 2 in premium tier. In the last wave of inflation, the base level remained unchanged.

With the new rates, Netflix is ​​now more expensive than rival streaming services. The HBO Max is available for वर्षको 7.99 per month for one year, just like Disney +. The Disney Bundle, which includes ad-supported versions of Disney +, ESPN + and Hulu, is priced at 13.99 per month.

Image Credit: David Balev

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