VIDEO: Netflix Canada plans biggest price hike yet as rivals step up

Netflix’s standard plan will now cost $3 more — or $13.99 a month

Another price hike is on the way for Netflix Canada subscribers as competition heats up among the biggest streaming video services.

The company behind “Narcos” and “Orange Is the New Black” is introducing its biggest price increase yet for both new subscribers and current members.

Netflix’s standard plan will now cost $3 more — or $13.99 a month — to watch content on two screens at a time.

The basic plan — which does not offer high-definition video and only allows one stream — rises a dollar to $9.99 a month.

Premium plan subscribers pay $3 more — or $16.99 a month — for up to four simultaneous streams and ultra high definition 4K video.

READ MORE: Netflix to invest $500M in Canada as part of cultural plan

Netflix says the higher prices are effective immediately for new subscribers, while existing users will be notified by email before their bills rise in the coming weeks.

The company most recently increased prices for most plans by a dollar about a year and a half ago.

Netflix says the move will help fund upcoming TV series and films as well as overall improvements to the Netflix platform.

READ MORE: Goodbye cable, hello Netflix – 1/3 of Canadians cut cord

But the company also faces intense competition next year as the number of streaming platforms in the Canadian marketplace with attractive offerings grows.

Earlier this month, Bell Media introduced a higher tier of its Crave streaming service that includes a selection of recent Hollywood movies and new HBO programs. The package, dubbed Crave+, costs about $20 per month.

Next year, Disney jumps into the market with its own streaming platform. Disney+ is expected to be stocked with movies and original series like a prequel to “Star Wars: Rogue One” and a Marvel superhero show based on the character Loki from “Thor” and “The Avengers.”

Other platforms could make headway too, including a new service operated by Criterion that specializes in classic films, and CBS All Access, which is beefing up its library of original shows that include “Tell Me A Story” and “Strange Angel.”

The Canadian Press

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

Arrest at Abbotsford shopping centre

Man detained Thursday afternoon

Two Chilliwack women make weekly Crime Stoppers most wanted list

Ashley Felix and Raina McDonald wanted on unrelated issues

United Way grant provides food to 100 former prisoners, families

Abbotsford-based M2/W2 Association receives $25,000 to supply groceries

Kilby Park in Harrison Mills under water

Area is often subject to flooding, Historic Site will remain open through the summer

Foundry Abbotsford celebrates two years of service

Agency provides support to youth ages 12 to 24 and their families

All community COVID-19 outbreaks declared over in B.C.

Abbotsford manufacturer cleared by Dr. Bonnie Henry

B.C. First Nations vow to keep fighting after Trans Mountain pipeline appeal denied

Squamish Nation, Tsleil-Waututh Nation and Coldwater Indian Band made the application

‘Queue jumpers’ not welcome in B.C. as COVID-19 U.S. cases rise: Horgan

Premier Horgan said he’s heard concerns that Americans have stopped at Vancouver hotels instead of heading to their destination

Police arsenal deployed to avoid potentially violent situation: Mounties

Langley RCMP arrest armed Vancouver man after Tasering him on side street

US officer resigns after photos, connected to death of black man in 2019, surface

Elijah McClain died, last summer, after police placed him in a chokehold

Black worker files discrimination complaint against Facebook

Oscar Veneszee, Jr. has worked as an operations program manager at Facebook since 2017

Ottawa jail inmates argue anti-COVID measures a breach of charter rights

The prisoners allege guards did not wear masks until April 25

Nestle Canada selling bottled water business to local family-owned company

The Pure Life bottled water business is being sold to Ice River Springs

Most Read