Netflix Increase Fees In Ireland

Randall Padilla
October 8, 2017

The last time Netflix increased prices, the company took the step of grandfathering in prior customers at their old rates for two years before they would see their subscription fees go up. When exactly will Netflix prices start to increase?

It will be the first time Netflix has implemented a price increase since October 2015.

Prepare to pay more for that Netflix fix.

This week the company announced that US-based customers subscribed to the middle and top tier plans would see a price increase from November onwards.

While the latest price hikes aren't huge, they underscore Netflix's ambition to create more original content, both ongoing series and original films too.

According to a report published by Mashable, Netflix is going to make two pricing tiers for its US subscribers more expensive starting next month. The company is spending around $6 billion on programming this year, projected to rise to $7 billion in 2017.

You'll find the screen above with three different subscription options.

Just a year ago, Netflix hiked the member rate for the standard HD plan to $9.99, a whole dollar increase from $8.99.

With Disney and others pulling content off Netflix, the video streamer has been one of the leaders in its industry when it comes to producing its own material.

NETFLIX prices are about to increase - and it won't leave you feeling chill. The standard plan which enables subscribers to watch on two screen simultaneously will now cost $10.99 instead of $9.99. In 2011, they offered a DVD and streaming service for under $10.

Although the price change will take effect in the United Kingdom and the U.S., it will also impact some European countries like Germany and France.

Analysts at Jefferies expect the price increase to drive a mid- to high single digit percent impact on domestic revenue, but said content investment could offset whatever benefit to overall profitability.

Other reports by AllAboutTopnews

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