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Netflix Is Raising Its Prices Again In US, Will Now Be The Most Expensive Streamer

In the United States, Netflix is raising its prices on all of its exciting plans. The company’s regular plan will increase from 1,039.96 Rs to 1,151.38 Rs per month, while the 4K plan will increase from 1,337.09 Rs to 1,485.65 Rs per month.

The base package, which does not include HD, is also increasing in price from 668.54 Rs to 742.83 Rs per month. Prices are also rising in Canada.

For new customers, the price increases occur immediately. Existing Netflix users will see the adjustments “progressively,” with Netflix vowing to send them an email 30 days before the price increase takes effect.

In recent years, the cost of a Netflix subscription has steadily increased. After earlier rising to 965.80 Rs from 817.21 Rs in 2019, the regular plan was raised to 1,039.96 Rs per month in late 2020. Netflix had already raised rates in 2017 and 2015.

When Netflix announced its first large-scale price rise in 2014, it was so concerned about losing customers due to a 74.29 Rs per month increase that it offered existing members a two-year price freeze. In the years since, it hasn’t provided such a significant bonus.

Netflix Price Hikes

PriceJan 2022Oct 2020Jan 2019Oct 2017Oct 2015Apr 2014Apr 2013
Premium (4K, 4 screens)1,485.16 Rs1,336.57 Rs1,187.68 Rs1,039.12 Rs890.57 Rs890.57 Rs890.57 Rs
Standard (HD, 2 screens)1,150.49 Rs1,039.12 Rs964.85 Rs816.30 Rs742.17 Rs667.88 Rs593.59 Rs
Basic (No HD, 1 screen)742.17 Rs667.88 Rs667.88 Rs593.59 Rs593.59 Rs593.59 RsN/A
Netflix Is Raising Its Prices Again In US, Will Now Be The Most Expensive Streamer

Netflix Is Raising Its Prices (Again)in US

The price hikes come at a time when Netflix is having a prosperous yet problematic period. The company already has a large number of subscribers in the United States, and acquiring more is difficult, so raising prices is a logical way for it to generate more money.

Meanwhile, Netflix is now fighting for attention with a number of other serious streaming services, including Disney Plus and HBO Max, and it has been paying heavily on programming to keep up.

A Netflix representative told Reuters, “We’re changing our fees so that we can continue to offer a wide choice of high-quality entertainment options.” “As always, we provide a variety of options so that members can choose a price that fits their budget.”

Netflix isn’t the only service that has recently increased its fees. In October, Hulu increased the price of its ad-supported and ad-free packages by 74.29 Rs per month.

The price hikes put Netflix squarely in competition with HBO Max for the title of most expensive streaming provider. Netflix and HBO Max each have a 742.88 Rs basic tier with more limited features.

Most Expensive Streamer

Netflix’s basic subscription only enables one stream at a time, and while it is ad-free, it does not support high-definition streaming. Meanwhile, HBO’s entry-level plan offers HD but also advertisements.

It also lacks the ability to watch first-run movies in cinemas and on the streaming service at the same time.

Both streaming businesses’ regular services provide complete access to HD, ad-free content. For 1,114.29 Rs, HBO Max offers four simultaneous streams with certain ultra HD titles, but Netflix only offers two streams in regular HD.

Netflix subscribers who want to view on four screens at once or access ultra HD video will have to pay 1,485.72 Rs for the premium service.

As a result, Netflix’s regular plan has surpassed HBO Max as the most costly streaming package with HD on the market.

Netflix has been up against more traditional networks like Paramount, HBO, and NBC Universal, as well as streaming platforms like Apple, Disney, and Amazon.

However, Netflix’s stated viewing statistics have been enormous thus far. The company keeps track of how many hours each title has been watched in the first 28 days of its release.

Squid Game’s first season received 1.65 billion hours of viewing time, while Bridgerton’s first season received 625 million hours.

Netflix Is Raising Its Prices Again In US, Will Now Be The Most Expensive Streamer

Conclusion

Netflix Inc raised its monthly subscription fee in the United States by 74.29 Rs to 148.57 Rs per month, depending on the plan, to help pay for new programs and compete in the crowded streaming TV market, the company announced.

For new customers, the increases, which are the first in those areas since October 2020, took effect immediately. Existing members will be notified of the increased costs when they get their monthly invoices in the coming weeks.

Read Also: How To Use Smartphone To Login To YouTube On Smart TV, Learn The Easy Way

People May Ask

Why Is Netflix Always Raising Prices?

A Netflix representative told Reuters, “We’re changing our fees so that we can continue to offer a wide choice of high-quality entertainment options.” “As always, we provide a variety of options so that members can choose a price that fits their budget.”

Is Netflix Increasing Prices 2022?

Your Netflix bill is set to increase once more. In 2022, the movie and television streaming service will increase subscription costs in the United States and Canada. NEW YORK (WABC) — Your Netflix bill is set to increase once more. The streaming media company announced on Friday that its plans in the United States and Canada will be priced more.

What Is The Best Netflix Plan?

The Netflix Premium plan is the pinnacle of Netflix’s offerings. It costs 1,336.65 Rs per month and allows you to stream video on up to four screens at once. If you have children, this is a strategy you should think about.

Does Netflix Automatically Change Plan?

Our plans and prices may change as we add more TV series and movies and offer new product features. When we make changes to our plans or rates, we’re always looking for ways to improve the Netflix experience and invest in high-quality content for our global members.

How To Cancel Netflix Subscription?

  • On your Android device, go to Netflix and start watching.
  • In the top right corner of the screen, look for and tap your account profile photo.
  • Find Account near the bottom and tap it.
  • Find Cancel Membership at the bottom of the page.
  • Netflix has given you with information regarding your cancellation.

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