By: Julia Ordaz
In January, Netflix released a statement that prices were going to be increasing in the coming months. The price change is set for April 17, 2022, but for new customers the inflated prices are implemented as soon as they sign up. For everyone else the higher prices come in their next billing cycle.
The price change varies from plan to plan. The previous prices were $8.99 for the Basic plan, $13.99 for the Standard plan, and $17.99 for the Premium plan. The plans’ costs have increased by $1, $1.50, and $2 respectively.
The increase of a few dollars might not seem too concerning, but consumers who are also subscribed to other streaming services have noticed the prices adding up. In fact some users have begun to question if Netflix is even worth the buy anymore. Netflix has over 5,000 titles- including movies and TV shows but all of the titles of just two other streaming services can far surpass this amount. (Amazon Prime Video can be purchased without a Prime membership for $8.99 monthly, or it can be included in a membership that costs $14.99, and it has over 20,000 titles.)
Subscribers are also considering the fact that Netflix has a penchant for removing the classics, movies that always seem to have a place in the other streaming services.
Similarly, Netflix is attempting to prevent users from sharing passwords. This means that Netflix director Chengyi Long is giving households two options: “Add an Extra Member,” or ¨Transfer Profile To A New Account”.
The price increase and the password crackdown has made Netflix all the more expensive. In a race against other streaming services, Netflix is beginning to slip.