netflix price increase

For the first time in two years, Netflix Canada is increasing its prices.

The California-based company announced that it’s upping subscription prices for both existing and new Canadian customers.

All new customers will have to cough up the extra cash immediately. However, if you’re already a subscriber, the hike won’t take effect for a few weeks and you’ll be notified in advance via email.

There’s no word yet on whether the increase will affect those of us who are piggybacking on a friend/roommate/family member’s account.

Exact Increases:

  • Basic Plan: limited to one screen, no high-definition streaming
    • $7.99 to $8.99 per month
  • Standard Plan: allows streaming on two screens at one time
    • $9.99 to $10.99 per month.
  • Premium Plan: ultra-high definition (4K) streaming on up to four simultaneous streams
    • $11.99 to $13.99 per month

Prices “Adjusted” To Add More Exclusive Content

“From time to time, Netflix plans and pricing are adjusted as we add more exclusive TV shows and movies, introduce new product features and improve the overall Netflix experience, to help members find something great to watch even faster,” the company said in a statement to The Canadian Press.

Recent Netflix announcements include a miniseries written and directed by the Coen brothers, a return to TV for David Letterman, and a new animated series from the creator of The Simpsons and Futurama, Matt Groening.

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