Netflix's New Pricing Plans: Here's How They've Changed

Netflix subscribers: that rustling noise isn't coming from the upcoming season of Stranger Things, it's an extra dollar or two fluttering from your bank account to cover your monthly bill.

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Monthly price
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Simultaneous streams

Today (Oct. 5), Netflix revealed that it will soon increase pricing for its two most expensive streaming plans. While its Standard package moves up from $9.99 to $10.99, the larger hike will happen for Premium members, who will now pay $13.99 instead of $11.99.

MORE: Best Netflix Shows You're Not Watching (But Should Be)

Why are Standard and Premium users paying more? You need Standard if you want to stream in HD, and those with 4K TV sets will pay for Premium to see content that makes the most of that resolution. Families who share their account will also see reason to use Standard (two simultaneous streams) and Premium (four simultaneous streams).

Netflix's entry-level Basic subscription will stay at $7.99, possibly because it would be hard to charge more for a level that doesn't include HD content and limits you to one stream at a time. The increases will go into effect in November, and subscribers will be notified of the change at least 30 days before their increased bill.

In a statement to Mashable, Netflix stated that "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."

Henry T. Casey
Managing Editor (Entertainment, Streaming)

Henry is a managing editor at Tom’s Guide covering streaming media, laptops and all things Apple, reviewing devices and services for the past seven years. Prior to joining Tom's Guide, he reviewed software and hardware for TechRadar Pro, and interviewed artists for Patek Philippe International Magazine. He's also covered the wild world of professional wrestling for Cageside Seats, interviewing athletes and other industry veterans.

  • 2555outnow
    Well worth the money in my opinion.
  • jassirrom
    Hulu does have some great stuff with their acquisition of Showtime and Starz but I hate being in the middle of the season's series and then they automatically take it off the air. This company has done this to me a number of times, makes me question whether their price increases justifiable or not.
    I'm started watching Law & Order SVU from the very beginning and now I'm on season 5 and I'm afraid Hulu is about ready to shut down the series. They did this when I was watching Vikings and they also did it while I was watching the final two shows of Dancing With the Stars last season.
    So until Hulu gets his act together and stops cutting me off before I'm through watching a series, I don't think the price hike is justified. They may think that they're leavening these shows on sufficiently long enough, but they're not. Hulu has a lot of great shows and a lot of great potentials. Hulu needs to leave the popular shows on a lot longer, preferably unlimited. Most people have more to do with their lives than set in front of a television all day.
  • here4evr1
    Netflix is one of the few companies left that still offer a ton of value for the price. So, if it needs to raise the monthly subscription price a few dollars to remain profitable and competitive, I'll all for a point ;)