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Netflix prices are increasing next month – here’s what you need to know

Updated Dec 19th, 2018 9:16PM EST
Netflix Subscription Price Increase 2016

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Some longtime Netflix subscribers are going to see their subscription prices go up starting next up, but others will get to enjoy a few more months of lower prices before they have to start paying more. Basically, Netflix is going to roll out its price increases gradually and CNN informs us that the longer you’ve been a subscriber, the longer you’ll have to wait before your subscription price increases. So that’s good news if you signed up for a $7.99-per-month Netflix streaming subscription back before it was cool.

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If you want to see how long you’ll have to wait before your prices go up, log into your Netflix account, hover over your user name in the upper-right hand corner of the screen, and click on “My Account.” In there you’ll see how long your current lower rate will be locked into place. In my case, I’ll be paying $7.99 per month through at least June 16th:

Netflix will email you about the price increase just before it’s about to go into effect, so you won’t be surprised to see your bill for the service increase. Subscribers who signed up for Netflix’s $8.99 monthly plan between May 2014 and October 2015 will also see their prices increase to $9.99 starting in October.

To be clear, you’ll still be able to subscribe to Netflix for $8 per month but you’ll be restricted to only one screen and you’ll have to watch things in standard definition. Everyone who wants to keep their current HD streaming plan that will let you watch on more than one screen will have to pay $9.99 starting at some point this year. People willing to pay even more can also sign up for an $11.99-per-month option that will let you stream on four different screens and will give you the option to stream shows in 4K.

Brad Reed
Brad Reed Staff Writer

Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.