Netflix is Raising the Standard Monthly Pricing to $10.99 Per Month [Updated]

Netflix

It has been over a year since Netflix changed its monthly pricing options, and now, according to a new report, change is on the horizon.

According to Mashable, Netflix will soon be changing its standard monthly pricing, as well as the pricing for its top-tier plan. The report says that the standard streaming option, which allows for streaming in high definition (HD) and on two screens, will be going up to $10.99 per month. That’s one dollar more than the current $9.99 per month the standard plan is priced at.

In addition to that, the top-tier plan, which allows for customers to stream in HD and Ultra High Definition (UHD) and on up to four screens, will be going up to $13.99 per month. That’s a change from the current $11.99 per month. The basic plan, which is priced at $7.99 per month and allows for only standard definition streaming and on a single display, is staying at that price point.

The pricing points will be changing this month, but it looks like it depends on each customer’s billing cycle. According to the report, Netflix will send out emails to customers beginning on October 19, giving them at least 30 days notice that the pricing for their selected plan will change.

“From time to time, Netflix 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.”

Which plan with Netflix do you subscribe to?

Update: Turns out the price changes aren’t just for the United States. Over in the United Kingdom, the standard and top-tier premium plans will be going up to £7.99 and £9.99, respectively. Meanwhile, in France, prices are going up, too. The standard and premium plans will be going up €1 and €2 from their current price points, respectively.

[via Mashable]