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Your Netflix Subscription Is About To Get More Expensive
Netflix Price Hike Coming Next Month For Estimated 17 Million U.S. Customers If youve got a grandfathered Netflix standard streaming plan that has you paying just $7.99 per month HD streaming heres your reminder that youll either be paying $9.99 come May for the same quality and the ability to watch content on two screens at a time or will be stuck in standard definition on only one secreen. Youre not alone an estimated 17 million customers in the U.S. will be affected by the change and many of them arent aware of it. Netflix first raised the price of its standard streaming plan the middle tier between Basic and Premium for new members by $1 in May 2014. At that time Netflix told customers that theyd be releasing members from price grandfathering for the Standard plan in two years and reminded investors of the coming change in January of 2016. Netflix confirmed to Consumerist that later this month UK members will be the first to be ungrandfathered followed by members in other areas next month. Beginning in May the price update is rolling out elsewhere based on member billing periods Netflix said in an emailed statement to Consumerist. Impacted members will be clearly notified by email and within the service so that they have time to decide which plan/price point works best for them. Its a good thing those customers will be reminded: Business Insider citing analysts at UBS that estimate the change will affect about 37% of US subscribers or 17 million people notes a recent JPMorgan survey that says around 80% of those that will be affected by the plan didnt know the price hike was coming. If you are a newer member affected by the price increase last October however youll be able to hold onto the price for your plan until October of this year Netflix says following a one-year price holding period. Heres how the prices will break down for everyone eventually: by Mary Beth Quirk via Consumerist
From better recommendations to integrating Rotten Tomatoes, get the most out of your Netflix subscription with these valuable tips and tricks. Read this article by Sharon Vaknin on CNET. via @CNET. Get the best out of Netflix with these 5 tips...