(The following press release from Netflix was received by e-mail. The sender verified the statement.) Netflix Statement: From time to time, Netflix plans and pricing are adjusted as we add more exclusive TV shows and movies, introduce new product features and improve the overall Netflix experience to help members find something great to watch even faster. Important Details: * Netflix will increase prices for US new members on 10/5. We will begin notifying existing US members of price increase on 10/19. * The last time Netflix changed prices in US was 2015. * The old prices are 7.99 / 9.99 / 11.99. The new prices as of 10/5 prices 7.99 / 10.99 / 13.99 USD. The 1S “Basic” plan is remaining the same. The 7.99 plan has remained the same since it launched in the US in 2010. * Starting 10/19, members will be notified at least 30 days in advance, based on billing cycle, on when they will see the price change. Members will be notified with an email and also see a notification within the service. The price change will roll out to members over the course of the next several months. As always, members can view pricing information within their account settings. * Since Netflix’s last price increase, we have added a downloading feature, introduced interactive content, announced a robust slate of new content (including films) and have continued to improve the member experience. (rml) NY
NETFLIX STATEMENT ON PRICE INCREASES
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