Source: National Cyber Security – Produced By Gregory Evans
Remember a while back when Netflix was a total bro and let current subscribers keep their lower monthly subscription rate instead of charging the higher rate that new customers received? That’s changing next month. In 2014, Netflix raised the price of its monthly standard streaming plan from $7.99 to $9.99, and existing customers rejoiced when they were allowed to keep their $2-a-month savings. But the clock has run out on that savings and in May, many subscribers who were grandfathered in will join the newbies at the $9.99-a-month rate. Let’s crunch the numbers on that. Previously, a year’s worth of Netflix cost standard subscribers $95.88 a year. The new rate will be $119.88 a year. To put that in context, an Amazon Prime subscription, which includes a collection of free streaming video as well as other Amazon perks, is $99 a year. Netflix competitor Hulu charges users $7.99 a month ($95.88 a year) for its limited commercials plan and $11.99 a month ($143.88 a year) for its no commercials plan. While the price increase won’t necessarily break the bank for many consumers, analysts reportedly expect a small percentage will unsubscribe due to the shift. Monthly subscriptions are often a place […]
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