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Netflix is Raising Its Prices (Again)

New members can expect immediate price hikes.


Since snagging 91 total Emmy nominations, Netflix has announced an immediate price hike for new members; existing members will get news of their plans going up within the next month or so. The biggest price increase is for the streaming video giant's premium plan. Here's a breakdown:

  • Basic plan: Stream on one device in SD; price is holding steady at $7.99.
  • Standard plan: Stream on two devices at the same time in HD; price is jumping from $9.99 to $10.99.
  • Premium plan: Stream on four devices at the same time in HD and ultra HD; price is jumping from $11.99 to $13.99.

The last Netflix price hike came about two years ago, when they bumped their standard plan from $8.99 up to $9.99. This triggered mixed responses from the Slickdeals community; some didn't mind shelling out a couple of extra bucks each month to keep their Netflix library intact, others were rubbed the wrong way and vowed to cancel. We're curious how the latest rate hikes will play out with members.

The new prices are still cheaper than HBO Now, which comes with a $14.99 price tag. Meanwhile, Hulu's commercial-free plan comes in at $11.99, now making it cheaper than Netflix's premium plan. The latter is what we have in our house, so we're in for a $2 monthly increase. But honestly, I couldn't care less. We also have the Hulu commercial-free plan—both are great and reasonably priced in my book, and I'm not about to cancel over the price of a cup of coffee. My husband and I look at it the same way we look at Costco's periodic fee increases: It's nominal and the pros still outweigh the cons.

That said, Netflix is likely raising their prices to keep up with Amazon Prime, easily their greatest competitor. But it isn't really an apples-to-apples comparison. Our $99 annual Prime membership ($8.25 monthly), gets us way more than just Prime Video. Between the free shipping, Prime Music, and Amazon Family, you get way more bang for your buck when you compare it to video content alone.

There is one group of people who'll be completely unaffected by Netflix's new prices, though. T-Mobile customers who have two or more lines on an eligible T-Mobile ONE voice plan are rewarded with a free standard Netflix subscription, thanks to its Netflix On Us program. This is undeniably an awesome perk.

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At the end of the day, every customer is different, but I'm personally not too ruffled by Netflix's price surge. That said, I am curious if this is going to be a regular thing until prices get in the HBO Now range. If this is the case, how much are you willing to pay before cancelling? For us, I'm thinking $20 would be our max. (Shhh, don't tell Netflix I said that.)



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Marianne Hayes Contributor

Marianne Hayes is a freelance writer, wife and mother in Tampa Bay. After earning a degree in journalism and creative writing from the University of Central Florida, she spent nearly a decade getting lost in New York City and Los Angeles before making her way back home again in 2014. Marianne's writing has appeared in a variety of publications including The Huffington Post, Forbes.com, LearnVest, The Daily Beast and more. When she's not writing, Marianne is usually cruising her local bookstore with her two daughters.

22 Comments

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#2
Goodbye Netflix! If the 7.99 plan still had HD I'd keep it. Amazon prime video and Hulu for $6/mo is plenty good enough.
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#3
I'm out. Time to start just paying for a month and binge watching, which is what I do anyway. I also only use it for background noise before bed, and I can do that with prime.
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#4
I bet this hike is the subsidy for t-mobile subscribers. I'm out
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#5
Quote from tenkay
:
Goodbye Netflix! If the 7.99 plan still had HD I'd keep it. Amazon prime video and Hulu for $6/mo is plenty good enough.
How do you get hulu for $6/mo?
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#6
Quote from RomaNorgy
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How do you get hulu for $6/mo?
Years ago you could get it for free if you used BING rewards. They might still be doing it, haven't check in quite some time.
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#7
no big deal
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10-08-2017 at 09:53 AM
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#9
I had Amazon Prime for two years, and Netflix for more then 7. Each time I want to watch movie on Netflix they say On DVD only. F..k it!
I bought Amazon TV Stick then install Kodi on it and watch only Prime video and millions videos from kodi
Netflix go to hell!Ha ha
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#10
yeah, i've had netflix for many years too, but have been using it less and less since they 1) dropped the party sync thing from xbox 360, and 2) lost south park to hulu. I watched the first couple seasons of house of cards, but the 3rd was kinda meh and I haven't bothered with the 4th. The ranch was ok, if only to see kelso and hyde back together from that 70s show, which is one of the other view shows i occasionally watch reruns of on there. Cancelled my renewal a few weeks ago before they even announced this after realizing I haven't used it for over a year
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#11
Quote from obend
:
I had Amazon Prime for two years, and Netflix for more then 7. Each time I want to watch movie on Netflix they say On DVD only. F..k it!
I bought Amazon TV Stick then install Kodi on it and watch only Prime video and millions videos from kodi
Netflix go to hell!
I'm sticking with Netflix and Amazon Prime, as they provide loads of entertainment quickly, easily, and LEGALLY for cheap. Netflix > Prime as Amazon puts loads of restrictions on free Prime stuff. I would gladly pay $20/mo. for Netflix, maybe $5 for Prime.

I do have Kodi on my phone, but other than the fact that whatever you watch on there isn't making the content creators any money for giving you entertainment or whatever, the thing is just too unintuitive. The stream cancels out and you have to restart from the search page if you minimize the app or lock your phone even once. Big chore, total hassle, UX hell.
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#12
Quote from Smoke1234
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I remembered the whole fiasco with Netflix and their lame ass DVD service. I have been a Netflix customer since the beginning and remember paying 8.99 with 1 DVD a month then getting upset I wasn't grandfathered in 2 years ago when they did their price increase. Netflix needs to concentrate on it's original concept and stop trying to create Original programming. Save that for the professionals then swoop in later and stream it.. Netflix needs to be a streaming service and not a content creator. I have yet to watch any of their original programming as I go to netflix for movies only. Really Netflix "Fuller House" Pee Wee Herman..come on netflix!

I swear 1 more price Increase after this and I'm jumping ship
100% agree. I hate that they are removing old shows that I liked so they can focus on their original crap which I do not watch.

Will be canceling netflix next month.
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#13
I'm surprised that it's not more expensive. Netflix has the best GUI and the best content. Way better than the cable bill I used to pay for a bad GUI and worse content.
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#14
Quote from darren_fsl
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I'm surprised that it's not more expensive. Netflix has the best GUI and the best content. Way better than the cable bill I used to pay for a bad GUI and worse content.
Personal preference I guess. If I had to choose between paying the same for netflix or cable I'd choose cable every time... I am forced to pay for cable by my apartment complex right now otherwise I'd choose a different alternative. It would not be netflix though.

Netflix has an alarmingly low amount of content that I care about. Same goes for Amazon Prime Video though...

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#15
too expensive. I will go back to old school.
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