Magazine article Screen International

Netflix Increasing Prices on US Subscription Plans

Magazine article Screen International

Netflix Increasing Prices on US Subscription Plans

Article excerpt

Two subscription plans will increase in November.

Netflix is increasing the prices of two of its US subscription plans starting in November.

The pricing hike affects those in the middle and top tier plans in the US. Subscribers currently on the standard $9.99 plan will be charged $10.99. The price of the premium tier will increase two dollars, from $11.99 to $13.99. Those on the basic $7.99 are unaffected.

The increase in price comes as Netflix is rapidly increasing its investment in original content, including original series, documentaries, comedy specials, and original films, with the company’s most recent spending projection coming in at $7bn. …

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