Have you been keeping up with all the original content Netflix has been putting out lately? The streaming service released a couple new titles in late 2018 that people can't stop raving about. You really should take the time to watch the movie, "Bird Box" and an episode of "Black Mirror" titled "Bandersnatch." (PssT! Read this article before watching "Bandersnatch" for a pro-tip that will make the experience even better.)
Well, someone has to pay for this ground-breaking, innovative and binge-worthy content: Yep, you and me. Our subscription rates are about to go up February 1, 2019, according to a representative at Netflix.
How much is Netflix raising prices?
Netflix is rolling out its biggest price increase in the U.S. since its streaming service launched in 2007. The amount of the increase depends on which plan you subscribe to. The most popular plans will go up a couple bucks per month.
Here's how much the plans will cost now:
- Basic - The new monthly price will be $8.99, which is up from $7.99. It doesn't include HD or 4K content, and you can only stream on one device at a time.
- Standard - The new monthly price will be $12.99, up from $10.99. It includes HD content but not 4K, and you can stream on two devices at the same time.
- Premium - The new monthly price will be $15.99, up from $13.99. It includes HD and 4K content, and you can stream on four devices at the same time.
The Basic plan will cost an extra dollar per month while the Standard and Premium plans will cost an extra $2. Probably not a life-changing rate increase, but when combined with any other streaming services you pay for, it could add up.
The company released a statement that said, "We change pricing from time to time as we continue investing in great entertainment and improving the overall Netflix experience."
A representative from Netflix told us rates are increasing February 1, but other media outlets are reporting that the first increases begin on Tuesday for new users, with the increase rolling out to existing users over the next three months. Check with Netflix directly to see when you might get your increase and if you have any other questions.
Alternatives to Netflix
If you don't want to keep Netflix after its price increase, there are some alternatives. In fact, there's a very good streaming service that you might already have access to.
If you're an Amazon Prime member, you can watch Amazon Prime Video at no extra charge. You'll find popular TV shows, hit movies and even some Amazon Originals. Hit original programming includes "The Marvelous Mrs. Maisel," "Tom Clancy's Jack Ryan," "Sneaky Pete" and more.
Hulu is another popular streaming service. It will cost you $7.99 per month with ads, or $11.99 without ads.
Earlier this week, we told you about another streaming service that you might want to check out, and it's free! IMDb Freedive lets you watch hit TV shows like "The Bachelor," "Heroes" and "Fringe." There are free movies, too. Hollywood hits include "Awakenings," "Memento," "The Last Samurai" and more without having to pay for a subscription.
The only catch is it does come with ads. But if you're looking to cut costs, this is one way to do it.
10 best streaming apps to cut the cord
Saving money is the number one reason people cut the cord. Unfortunately, if you don't know what you're doing, you might end up signing up for too many streaming services. You could end up paying as much for streaming services as you were paying for cable. Which is why you need to do some research before you make the move.