Netflix is Raising Its Prices, Again (mashable.com)
Jason Abbruzzese, writing for Mashable: Get ready to pay just a bit more for your Netflix subscription. The streaming video service will be raising prices on its middle and top tier plans in the U.S. starting in November. Subscribers who currently pay for the standard $9.99 service will be charged $10.99. The price of the premium tier will rise from $11.99 to $13.99. Good news for people on the basic $7.99 plan -- that price is staying put, for now. The U.S.-only price hikes will begin to go into effect in November, varying depending on individuals' billing cycles. Starting on Oct. 19, subscribers will be notified and given at least 30 days notice about the increase.
Our family has the highest tier subscription, so that at any given time any of the 4 in our home can watch what they please. We're in Canada, and even though supposedly NF here is not "as good as" the USA, we're satisfied and find plenty to watch. It's still cheaper than cable, still ad-free, and makes us happy. No complaints from our four walls.
So let me get this straight, they've already lost a lot of non-Netflix created content, will lose Disney in 2019, and now they're raising the price?
We want one service that gives us access to all content.
But, we also want the price to be low.
As soon as there is just one service, the price will go through the roof. The more Netflix dominates, the higher its price.
Sucks.
Another year another 10% price hike. This is why I ditched my cable in the first place Netflix.
I read the internet for the articles.
Typical drug dealer....get em hook for free/reduced price, then JACK up the price because they are junkies!
Why?
Why can't we both get a dollar subscription raise instead of one group of customers paying for the other? We all use the service and should support it.
We'll make great pets
With my own library of movies and TV shows on DVD hooked to a media player for the TV paying nothing in subscription fees. Even when the Internet is down I still have TV. When the electric is done, I still have TV with battery power if I wanted. Cheers!
...but screw Netflix. I am not going to support one of the three companies who were the primary forces behind making the EME part of the HTML5 standard.
Isn't Canada part of the US?
are idiots. Netflix's business model is to be a dominant player, if not a monopoly. In a few years, they'll rise prices and if they do win their monopoly status, prices will be just as bad as cable.
When they stop removing as much as they add month to month, maybe I'll start caring about Netflix. Until then, I'll stick with Plex. Stuff doesn't disappear there unless I want it to go away.
You'd think Netflix has a limited number of hard drives or something and has to shuffle things around to manage space (I know it's a licensing thing, but it's still bullshit).
Netflix introduced the unlimited streaming plan at $7.99 in July 2011. (Their current $7.99 plan doesn't stream in HD, so the $9.99 soon to be $10.99 plan corresponds to their original $7.99 plan.)
$7.99 in July 2011 is equivalent to $8.68 today.
So bumping it up to $10.99 means it's increased by 1.27x the rate of inflation. Or an average annual increase of 5.5% vs the actual annual CPI inflation rate of 1.4% over the last 6 years.
Netflix is more than an order of magnitude better than cable even after the increase. Even if I needed 10 services to replace cable, I'd be ahead!
Slow down, cowboy! It has been 4 hours since you last posted. You must wait another few hours.
And movie companies forget the lesson of VHS over and over and over again.
Make stuff cheap. Sell it to everybody. Make tons of money.
I worked at a video store when VHS movies were initially $80 a copy for a few months, then went down to $25. This was purely to get money from the video rental stores.
Then Jurassic Park came out on VHS, and Spielberg had the brilliant idea to sell it for $20 right off the bat. Almost made the same amount of money that ticket sales made. Instead of selling a couple of million copies for $80 a pop, they sold ten million copies at $20.
It's almost as if there are demand/price curves that determine these things.
My Other Computer Is A Data General Nova III.
If you device supports downloading just download the program. It by passes the 2/4 streamming limit. You can download a show while other family members are watching the other streams. And watching downloaded programs don't count towards streams. Leave the 2 streams for devices that can't download. Learn this one when me and my kids were fighting over the 2 streams.
At least they are going after their own clients. They successfully lobbied for DRM on HTML standards, that fucked up the Internet for everyone.
Netflix is no better than any cable company pushing for censorship online. I already canceled them all.
At what point does a 10% price increase be viewed as a significant price increase?
.....Netflix a long time ago. Not enough on it for me. I do like Hulu plus though.
Only on Wednesdays and Saturdays if they end in a 7. It's an independent country all other days.
"Lack of speed can be overcome. In the worst case by patience." --Znork
My water bill has rose 30% in the time netflix last price hike.
Thats all.
Dropped netflix a couple of years ago. Just wasn't enough to justify even the $10.
Still have Amazon Prime. Not sure if I'd keep it just for either the free shipping or the Prime videos, but together, yeah. Love the eclectic mix of stuff I find to watch there.
Isn't Canada part of the US?
Shhhh... they're not supposed to know. They're supposed to go on thinking they're independent.
"That's the way to do it" - Punch
Unless Netflix fixes it's voice control for Xbox One, if they don't, then I have no problem cancelling. The service is weak, almost all of their original content I don't really like or enjoy and they're cancelling Longmire which was the only one I really cared about watching. They've lost most of their CBS shows, all their Disney soon, and lots of other programs.
You are wrong.
"Loss Making" implies that the company is losing money. According to this NY Times article , Netflix projected over $165m in profits in Q1 2017.
Mainly because people have more important things they're concerned about like: good quality jobs, single-payer health care, education, net-neutrality, etc. Of all the things that people can get worked up about, this is probably the issue that is least important and relevant.
Only I can judge you.
I can confirm that Canadians will be paying more but it is still a great deal - I just wish we could get a decent solution for UV movies here
Um, because it's illegal?
If you're on a computer, you have to use goofy stuff to play any video. It's just more convenient for some services if a browser has those formats supported, whether it's flash, silverlight, html5, etc. Currently I thought Netflix moved away from Silverlight and can be supported natively in most major browsers, tablets, and phones. ALL the streaming services are using proprietary or patent encumbered formats. Sure, it's not a bad thing to demand open source compatible streaming only, but you may have a long wait.
But you'll do better on TV anyway. Any reasonably new streaming device or smart tv has Netflix, Hulu, and Youtube support already. And if you can watch on TV why would you want to degrade that to watch on a computer or phone?
Probably an unpopular opinion here... but I found netflix to be nothing more than McDonalds for entertainment.
I'm not in the US, so I don't know.. maybe your netflix is better ( geo targetting ) but what I have is bunch of crap tv shows and movies that are rated 4.x to 5.x on IMDB and a new movie / tv show here and there that's actually worth watching.
I only have it because they have subtitles and my GF finds it easier to follow with subtitles, and just this month I switched it to iflix (south east asian netflix with a slightly different business model (they rent out shows for 6-7 months for distribution) that charges $3 per month and I get more content + older tv shows and movies which I like to re-watch. It's the same shit ... but it's $3 dollars.
Still, I'm on a verge of shutting everything down and just giving up on modern day 'TV' entertainment. It's full of condescending political bullshit about feminism, LGBTQXYZwhatever, political correctness, etc. It's not entertainment anymore, it's slowly mutating toward some sort of brainwashing propaganda, and I just don't want that anymore.
I recently rewatched Back to the Future 1,2 and then by accident Demolition man... and man... I remember when I was kid how i hopped for the future, now that I'm living in it.. I would give anything to go back to those times.
Sorry, dear clients. Big business need for more millions of dollars means I need to raise my rates just break even!
I get reasonable yearly bumps to keep in like with positive economy growth - 2%-4%. Yet 18% is nothing more than twisted capitalism.
Especially since there is less and less worth watching!
Self-importance and self-indulgence is the root of ALL evil.
Netflix $10.99
Comcast
$10 âoeHd technology feeâ
$10 Each cable box rental
$5 Network Access Fee
$5 Sports Access Fee - not optional
Etc....
there just isn't enough quality content to justify the cost. Croc Dundee, Robocop, Air Bud II,----come on, man.
now the EU dug-up report showed the mean reason for movie piracy is price :D
Free speech was meant to be free for all... how can anyone grow up in a nanny state ?
Baked-in applications on an unmodifiable, non general-purpose computing device, like a TV or Xbox, or whatever, represents a very significant hurdle to new players in the marketplace. Where once the internet looked like it might be an accessible platform for new sellers of media content to be able to compete on a level playing field with the big boys, we are now obviously falling far short of that standard.
So, be very, very suspicious of any baked-in applications, or 'netflix' button on your remote control, or similar attempts by a company to solidify their position without necessarily being the best at what they do. There's probably a fancy word for it that I have yet to learn.
Well, I don't have such a button, and Netflix so far seems to do what it does very well. But don't worry, there is plenty of competition still. I also see the top three plus youtube present on buttons for some players.