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

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

Just Posted

More sleeping cabins for the homeless in the Cowichan Valley could soon be put in place if a $2.5-million grant application to the UBCM Strengthening Communities’ Services funding program is successful. (File photo)
Funding sought to expand homeless initiatives in Cowichan Valley

$2.5-million grant would see more sleeping cabins and outreach projects

The old Stanley Gordon school in Lake Cowichan. (Lexi Bainas/Gazette file)
Editorial: Old school properties represent potential for our areas

There are opportunities, often sitting right in the middle of our small communities.

Sweet gum trees like this one in City Square will be replaced over the next three years. (Kevin Rothbauer/Citizen)
Duncan plans big tree replacement project for downtown

Sweet gums in City Square and along Station Street will go over the next three years

Cowichan Valley Capitals defenceman Logan Rands pokes the puck away from Alberni Valley Bulldogs forward Talon Duff. (Elena Rardon/Black Press Media)
Offence sags as Cowichan Capitals reach midway mark

Caps score one goal in three games as pod season continues

Canadian Prime Minister Justin Trudeau and United States President Joe Biden smile as they say farewell following a virtual joint statement in Ottawa, Tuesday, February 23, 2021. THE CANADIAN PRESS/Adrian Wyld
Trudeau pledges to cut emissions by 40% to 45% by 2030, short of U.S. goal

Trudeau announced target during a virtual climate summit convened by U.S. President Joe Biden

Ambulance crews have been busy with a record number of emergency overdose calls this Wednesday, April 21. (BC Emergency Health Services)
B.C. paramedics responded to a record 138 overdose calls in a single day

Wednesday’s calls included 48 in the Vancouver Coastal Health region and 51 in Fraser Health

B.C. Health Minister Adrian Dix and Premier John Horgan describe vaccine rollout at the legislature, March 29, 2021. (B.C. government)
B.C. COVID-19 hotspots targeted as AstraZeneca vaccine runs low

17,000 appointments booked the first day for people aged 40 and up

B.C. Ferries’ sixth Island-class vessel launches at Damen Shipyards Galati in Romania. The ship is the second of two that will service the Nanaimo-Gabriola Island route starting in 2022. (Photo submitted)
Second hybrid ferry for Nanaimo-Gabriola route launched overseas

Island-class vessel will enter service in 2022

Dresses hang outside Nelson city hall as part of the REDress Project by Métis artist Jaime Black. Photo: Bill Metcalfe
B.C. red dresses symbolizing missing, murdered Indigenous women vandalized a 2nd time

Nelson’s REDress Project was vandalized along with an outdoor installation on Vancouver Island

A nurse loads a syringe with a vaccine for injection at the Victoria Clipper Terminal. THE CANADIAN PRESS/Chuck Stoody
B.C.’s COVID-19 vaccine rollout not enough to bring back normal life by fall: report

Only 51% of the population will be protected under B.C.’s current rollout, SFU professors say more vaccinations are needed to achieve herd immunity

Letisha Reimer, 13, was killed Nov. 1, 2016 in a stabbing at Abbotsford Senior Secondary.
UPDATED: Second-degree murder conviction stands for Abbotsford school killer

Judge finds that Gabriel Klein is criminally responsible for death of Letisha Reimer

FILE – RCMP officers wearing face masks to curb the spread of COVID-19 stand by as protesters opposed to the Trans Mountain pipeline expansion block rail lines, in Burnaby, B.C., on Friday, November 27, 2020. THE CANADIAN PRESS/Darryl Dyck
‘Very scary’: B.C. travel rules too vague, shouldn’t involve police, civil liberties group says

BCCLA said that speaking with communities could have avoided top-down approach

A man accused of choking a 15-year-old in his tent in Beacon Hill Park Tuesday night has been arrested by Victoria police. (Black Press Media file photo)
Man accused of choking, sexually exploiting 15-year-old in Victoria tent arrested

Police arrested the 38-year-old in Beacon Hill Park Wednesday afternoon

Most Read