To make it worthwhile from a consumer standpoint, Netflix seriously need to STOP cancelling and capping shows.Īnother Netflix price increase. Netflix's price increase IS justifiable from a business perspective – especially with all the new streaming entrants in the market. That’s almost twice the price we signed up for, but is it twice the value? 1/3 I am struggling with the increase to $15/month. In that time, we’ve watched the heck out of it, so it’s been good value. We’ve had since 2011, and it was a factor in cutting the cable. You can rent DVDs and Blu-rays starting at 9.99 monthly, or up to three discs at a time for 19.99. Here’s a sampling of the reaction from Twitter to the latest price increase: Netflixs new Basic with Ads plan costs 6.99 per month. In Canada, the premium plan rose by 2 to 20. How many of you were flummoxed, for example, when you heard that the Hilary Swank-led Netflix series Away was cancelled earlier this month? The company’s decision to raise its standard plan by 1 per month, from 12.99 to 13.99, and its premium plan by 2 per month, from 15.99 to 17.99, is an essential part of Netflix’s long-term. For Netflixs basic plan, with one stream, the cost rose by 1, to 9.99 per month. It will be interesting to see if this new increase dents the company’s subscriber base to some degree, though, because it comes at a time when the conventional wisdom is that the cancellation axe keeps being swung mercilessly at the streamer, something that increased costs associated with COVID-19 has only accelerated. ![]() Spend heavily on great content, which entices more subscribers, which brings in more money, which can be spent on more content, and so on and so on. Netflix doesn’t need the money, as its balance sheet is plenty expansive, but it will certainly put the revenue to work by investing in more content to fund the virtuous cycle at the heart of the company’s business model.
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