There is a saying: ‘April Showers Bring May Scowlers’
Netflix is about to get pricier in May, Variety reports that Netflix has begun to notify more U.S. customers that its previously announced fee hikes will take effect starting with May 2019 billing cycles.
Since January, the company has announced higher pricing for all plans which represents its biggest price increase to date. The new rates applied to new subscribers immediately, since then Netflix has been gradually moving existing customers to higher-priced tiers, it is based on each member’s billing cycle.
The New Prices:
- Standard Plan (With Two HD Streams): $2 Increase Per Month, from $10.99 to $12.99.
- Premium Plan (Which Provides up to Four Ultra HD Streams): Increasing from $13.99 to $15.99 Per Month.
- Basic Plan (One Non-HD Stream): For the First time it’ll increase from $7.99 to $8.99 per month.
The Reason for Raising the Prices? “Continue investing in Great Entertainment and Improving the Overall Netflix Experience.“