Another price hike is on the way for Netflix Canada subscribers as competition heats up among the biggest streaming video services.
The company behind B次元官网网址淣arcosB次元官网网址� and B次元官网网址淥range Is the New BlackB次元官网网址� is introducing its biggest price increase yet for both new subscribers and current members.
NetflixB次元官网网址檚 standard plan will now cost $3 more B次元官网网址� or $13.99 a month B次元官网网址� to watch content on two screens at a time.
The basic plan B次元官网网址� which does not offer high-definition video and only allows one stream B次元官网网址� rises a dollar to $9.99 a month.
Premium plan subscribers pay $3 more B次元官网网址� or $16.99 a month B次元官网网址� for up to four simultaneous streams and ultra high definition 4K video.
READ MORE:
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:
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 B次元官网网址淪tar Wars: Rogue OneB次元官网网址� and a Marvel superhero show based on the character Loki from B次元官网网址淭horB次元官网网址� and B次元官网网址淭he Avengers.B次元官网网址�
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 B次元官网网址淭ell Me A StoryB次元官网网址� and B次元官网网址淪trange Angel.B次元官网网址�
The Canadian Press
Like us on and follow us on .
