Here is how much the prices are changing by:
Basic Plan: Increasing from £5.99 per month to £6.99 per month Standard Plan: Increasing from £9.99 per month to £10.99 per month Premium Plan: Increasing from £13.99 per month to £15.99 per month
That marks an extra £1 per month for the Basic and Standard tiers and an extra £2 per month for the Premium tier, falling largely in line with the new American Netflix prices. This is the first time in 10 years that the Basic Netflix package has had a price increase. Irish subscribers will also see price increases of €1 per month on the Basic plan, €2 per month on the Standard and €3 per month on the Premium. With a commitment to spending $17 billion on content this year, new ventures such as the Netflix Tudum site and Netflix Games, and the streaming market growing ever more saturated, this move does not really come as a huge surprise. A spokesperson for Netflix commented the following on the price change: “Our updated prices reflect the investment we have made in our service and catalogue and will allow us to continue making the series, documentaries and films our members love as well as investing in talent and the creative industry.” However, it will not be welcome news to those in the UK who are also anticipating living costs to sky-rocket next month. Netflix doesn’t offer annual plans either, so sadly there isn’t a way to avoid the price hike by tying in with a longer plan. If you’re an existing subscriber, then you can continue to enjoy Netflix until the company notifies you of the price change. Then, you can either stick with the new costs, change your plan, or cancel altogether. You can see our breakdown of Netflix plans right here, which includes information on the quality of the streaming and the number of simultaneous streams, should you share Netflix with family and friends. You can also read up on how Netflix is cracking down on password sharing in other countries. Hannah Cowton is a Senior Staff Writer at Tech Advisor and Macworld, working across entertainment, consumer technology and lifestyle. Her interests and specialities lie in streaming services, film and television reviews and rumours, gaming, wearables and smart home products. She’s also the creator of The London Geek, a geek culture and lifestyle blog.