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Netflix Canada hikes prices as competition ramp up, expenses rise

August 10, 2017 1:20 PM
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Netflix Canada hikes prices as competition ramp up, expenses rise

TORONTO -- Watching Netflix just got a little more expensive for Canadians.

The popular video streaming service says it's hiking prices for new members effective immediately -- and will do the same for existing users in the coming weeks.

Netflix's standard plan will now cost a dollar more -- or $10.99 a month -- to watch content on two screens at a time.

The basic plan, which does not offer high definition video and only permits one stream also goes up a dollar to $8.99 a month.

Premium plan subscribers will pay $2 more for up to four simultaneous streams with the same login and ultra high definition 4K content. It now costs $13.99 monthly.

It's the first price increase in nearly two years for the company, but it only affects users in Canada.

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Source: ctvnews.ca

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