Netflix is raising their rates again. This isn’t unusual- it happens annually. The question is- will they lose anyone because of it?
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Price Increases:
-Basic: $8.99 per month (was $7.99)
-Standard: $12.99 per month (was $10.99)
-Premium: $15.99 per month (was $12.99)
The price increase is around 12 to 13% and will reportedly allow Netflix the ability to invest in new shows, talent and improve user experience.
These monthly prices are effective now for all new customers now and will be applied to all existing members over the next few months.