Netflix raising prices on streaming plans again

Game on The singer was flanked by mother Tish with sisters Noah and Brandi Glenn as they competed against KJ Apa Madelaine Petsch Camila Mendes Lili Reinhart and Cole Sprouse

Game on The singer was flanked by mother Tish with sisters Noah and Brandi Glenn as they competed against KJ Apa Madelaine Petsch Camila Mendes Lili Reinhart and Cole Sprouse

This would be a $1 increase.

Netflix previously raised the price of its standard tier back in 2015 when it was bumped up to $9.99 per month from $8.99. Current subscribers won't see the price hike for several weeks, and Netflix will alert existing customers before implementing the increase. Premium subscriptions, which give subscribers four screens of simultaneous streaming, now cost $13.99, a $2 jump from $11.99.

Netflix won't tell you who is watching what or how many people are tuning in, but they will raise the price of the middle- and top-tier subscription plans. The standard plan which enables subscribers to watch on two screen simultaneously will now cost $10.99 instead of $9.99. When exactly will Netflix prices start to increase?

A Netflix representative said the company will email subscribers and send out app notifications on or after October 19, 30 days before their billing cycles.

Netflix recently announced that they will be spending close to $7 billion on original content next year. Canadian subscribers experienced a subscription price hike earlier this year.

Hamas Refuses to Disarm Raising Concerns of Hezbollah Model in Gaza
Its intelligence chief, Khaled Fawzi, visited the strip in the afternoon and met with Hamdallah and Hamas head Ismail Haniya. Israeli settlements in the West Bank have angered Palestinian leaders and are a sticking point in the peace talks.

There is also the premium package, giving access to Ultra High Definition streaming, which now costs £8.99 per month.

Are you surprised that Netflix increased the price of the streaming service?

"I expect both competitors to exploit the fact that they are cheaper, and expect households below median income to notice", Pachter said. So there's that, T-Mobile's Netflix On Us promotion will still be available even with Netflix's prices increasing.

Wall Street analysts have speculated that Netflix would ratchet up its pricing, as content costs continue to balloon.

Investors approved of Netflix's move to boost its revenue, and sent the company's shares up 5.4 percent, to close Thursday at $194.39.

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