Netflix Just Announced Their Biggest Price Hike Ever
Josh Millican
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Netflix has worked hard to build themselves up as a producer of, not just repository for, streaming content of the highest quality. Indeed, they’ve gone from a virtual video rental story to a powerhouse of the Entertainment Industry, a platform that is single-handedly changing how Americans experience films and television. Most people agree the company had made some major strides—but how much is that quality worth to you?
Yesterday brought news that Netflix announced their largest rate hike in history; users can expect to pay between 13% and 18% more than they currently are if they intend to keep on streaming. TVLine puts that into perspective with some concrete numbers:
“The service’s most popular plan, HD Standard, will now run $13 a month, up from $11. The 4K Premium Plan is rising from $14 to $16 a month, while the Basic plan is inching up from $8 to $9 a month.”
For many, the increased pricing is a fair reflection of the improvements Netflix has implemented and the quality of their output. For others, it may be yet another reason to seek streaming entertainment elsewhere. Have you heard of a service called Shudder, for example?
What do you think of Netflix’s new rate hike? Worth it or too much too soon? Let us know in the comments below or on Facebook, Twitter, or Instagram!
Categorized:News
