Netflix is raising monthly subscription prices for its video-streaming customers in the U.S. and Canada amid growing competition from other streaming services like HBO Max and Disney+. Monthly subscription prices in the U.S. will increase by $1 to $2 under the plan, the California-based company said on Friday.
The most commonly used standard plan with a maximum of two screens allowed for simultaneous streaming will now cost $15.49 per month in the US, up from $13.99. The standard Netflix plan in the US will now cost more than HBO Max and Disney+. AT&T Inc’s HBO Max is currently offering an annual subscription at $11.99 per month. Walt Disney Co’s Disney+ costs $7.99 a month or $79.99 a year.
And the basic plan for one stream has risen by $1 to $10; its most expensive plan, which supports four streams simultaneously, and Ultra HD, has gone up by $2 to $20.
Canada’s standard plan rose by the same amount in local currency, climbing from C$14.99 to C$16.49. The premium plan went up by $2 to $20.99, but the base plan remained the same at $9.99.
Complete News Source : Hindustan Times
