Netflix Canada Just Raised Its Monthly Prices But One Level Remains Unchanged
Canadians who planned on Netflix and chilling this season may be doing some rethinking. That's because Netflix's subscription just went up, again.
The streaming giant has decided to up its prices by one to two dollars.
The standard monthly plan is going up by one dollar to $14.99, and the premium by two dollars to $18.99, according to The Canadian Press via CTV News.
However, the basic plan for subscribers remains the same at $9.99 a month.
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We're updating our prices so that we can continue to invest in more shows and films.
Netflix Canada
The reason for the change? Netflix wants to apparently invest more in its films and shows as well as boost the experience quality for its viewers.
Per the report, the company said new members who sign up will see the updated prices as of now.
As for old members, the new changes and the increase can be expected in the next billing cycle in the coming weeks.
Canadians have taken to social media to share their dismay at the news with one user being nostalgic about when Netflix subscriptions were only $8.
Netflix launched in the True North in 2010 and charged $7.99 for unlimited TV shows and movies every month.
The last time it raised its prices was in 2018, when it bumped up the basic monthly plan by a dollar to $9.99, the standard by $3 to $13.99, and the premium by $3 to $16.99.