Attention all Netflix enthusiasts!
Binge-watching your favourite shows is about to get a bit more expensive.
According to Netflix, as of January 14th, the prices of two tiers on their Canadian streaming service were raised.
Netflix currently offers three tiers: Basic, Standard and Premium.
Each plan differs on price, video quality and number of screens you can watch on the streaming service at the same time. All tiers allow for unlimited streaming of movies and TV shows from your laptop, phone or tablet.
The Basic plan allows for one screen to watch at a time. For Canadians, this price won’t be changing, remaining at $9.99 per month.
However, the Standard and Premium rates are going up.
The Standard tier, which allows for two screens at a time, has increased from $14.99 to $16.49.
The Premium tier, which allows for up to 4 screens at a time and offers the option of streaming in Ultra HD, has been raised from $18.99 to $20.99.
Netflix launched their Canadian streaming service in September 2010. At the time of launch, their membership cost $7.99 per month. In twelve years, this tier’s Basic tier price has only been raised by $2!
Currently, Disney plus in Canada is $11.99 per month or $119.99 per year. Amazon Prime Video is $7.99 per month or $79 per year with options to add additional channels within Prime for an extra cost.
New Netflix members who are signing up will already see the new subscription costs reflected on Netflix Canada’s website.
Existing members will see the update roll out over the coming weeks. They will be notified by email, and within the Netflix app, 30 days before the new prices are set to be applied to their accounts, depending on their billing cycle.