Netflix Comes Under Fire After Announcing It's Raising Its Prices (Again)

Stranger Things

If there's one thing no one wants to hear about right now, it's having to pay more to enjoy shows and movies worth streaming. (Seriously, bills are too high as it is.) Welp, Netflix is raising its prices, and it's safe to say a number of subscribers (and critics alike) are not here for it.

... at all.

  • People who enjoy tuning out the world to binge-watch the latest and greatest on Netflix can still do so ... for a higher price.

    Netflix has so may standout TV shows and movies we cannot stop watching.
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  • The streaming service giant announcement marks the "biggest increase" since Netflix launched over a decade ago.

    Netflix's basic plan will increase from $7.99 to $8.99 a month, with its standard plan (HD availability and the option to stream from two screens at the same time) rising from $10.99 to $12.99 a month. The premium plan (all of the standard's features with Ultra HD availability and the option to stream from four screens at the same time) will rise from $13.99 to $15.99 a month.

    CNBC notes the new pricing structure will affect current subscribers over the next three months, with new customers having to pay up now.

  • This is the fourth time Netflix raised its prices in the US, and the first time it affects all 58 million subscribers across the country.

    The Associated Press reports the "extra cash will help to pay for Netflix’s huge investment in original shows and films and finance the heavy debt it has assumed to ward off rivals such as Amazon, Disney and AT&T."

    Given Netflix shelled out $100 million to keep Friends in 2019 after heavy backlash, the new price hike is quite timely.
  • And folks aren't having it ... at all.

  • People miss the good ol' days.

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    These comments are telling.

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  • And don't think it's right -- or worth it.

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  • Others, however, don't think it's a big deal at all.

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    Burn (LOL).

  • What are ya gonna do?

    Want to keep the good times rolling? Pay the extra dollar (or two dollars) a month. Not into it? Cancel that subscription and keep it moving.

    Yes, pricing increases aren't fun (especially if we're not on the receiving end), but we do have a choice in the matter.

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