Netflix is increasing prices as of Jan. 15, 2019. According to the Verge, subscription prices are heightened due to Netflix spending money on TV shows and licensing. Funds are specifically going towards streaming the TV show “Friends,” which other online services such as Hulu and Amazon Prime don’t offer.
The 4K plan will increase from $14 to $16. HD plans are raised from $11 to $13. The regular plan will increase from $8 to $9. The price will affect incoming customers promptly and current customers are affected within three months.
Compared with other online services, Netflix prices are respectively similar. Hulu is $7.99 per month. Amazon Prime is $12.99 per month. Streaming services such as Crackle and Tubi TV are free but don’t offer the variety that Netflix and other subscription networks do.
Feedback has been conflicting.
“I don’t think it will have a big impact,” said senior Tiaira Rouse when asked how she felt about the price hike.
However others are concerned with how it factors into other payments.
“It will add to other expenses,” said senior Kayla Cummings.
Twenty students were surveyed and the results were favorable toward Netflix.