Netflix is an easy way to be able to watch whatever you want. For example, if you want to watch a TV show that’s already on DVD, or if you want, you can watch it as a live stream, or watch the recording that is put on their website. And you can watch it instantly without having to wait to send it to DVD. The only problem is that this is only done through some DVDs.
Netflix subscription price is not really expensive. Not only will you be able to watch them instantly. Not only on your TV, but also on your computer, but also on your PS3, Wii, Xbox, Pc, Mac, tablets, mobile devices like your iPod touch or iPhone. As many companies are competing in the streaming field, they are innovating. And that innovation comes at a cost, as it does for Netflix today.
THE SUBSCRIPTION PRICE HIKE ANNOUNCEMENT
Netflix announces that it is increasing the subscription price of its standard plan by one dollar. You can see Netflix shares increasing by 4.5% as of the end of October 2020. Netflix’s standard plan will be $14 per month compared to $13 per month. The premium plan will increase from $16 per month to $18 per month. In addition, new subscribers will be required to pay these new fees, while existing subscribers will see their monthly fees increase in the coming weeks based on customer billing cycles. Netflix’s U.S. subscription fees were last increased in January 2019, following increases in the cost of certain plans in Canada. Elsewhere, they were sort of testing that.
It seems to be elsewhere and it is interesting to note that Disney’s shares have also increased. Perhaps on the perception of the pricing power of Disney plus. Disney stocks went up almost 3%.
The difference between premium and standard? The standard is what most people have in the United States. The premium plan is for people who want to be able to watch in 4D or who want to have extra family streams. But it’s not the absolute best video quality. So the vast majority of people will see their prices increase by a dollar a month these days.