The cost of Netflix’ Standard and Premium plans are set to rise again in the UK and Ireland, less than two years after the previous increase.
This will make Netflix one of the most expensive streaming services in the UK.
Netflix, which has been operating in the UK since 2012, offers a streaming TV service with thousands of movies and TV programmes, based on a monthly subscription, without long-term contracts.
There are currently three membership plans with different prices and limitations.
This Thursday, according to The Telegraph, Netflix will announce a price increase for The Standard and Premium plans, with The Basic plan keeping its existing price:
- The Basic Plan, remains at £5.99/month – Lets you stream content in Standard Definition, on only one device at a time.
- The Standard Plan, going up to £9.99/month (From £8.99) – Lets you stream content in High Definition, on up to 2 devices at a time.
- The Premium Plan, now £13.99/month (From £11.99) – Lets you stream some content in UltraHD (4K), on up to 4 devices at a time.
In Ireland, the Standard plan will go up to €12.99, and the Premium plan will go up to €17.99.
For new Netflix subscribers, the price increase will come into effect right away (starting December 10), while existing customers will soon get an e-mail informing them of the price increase, which will apply to them 30 days after the notification.
The increase in the UK comes a few weeks after a similar increase in the US, where prices for the Standard and Premium plans have gone up by $1 and $2, respectively.
Regarding the price increase, a Netflix spokesperson told us:
“This year we’re spending over $1bn in the UK on new, locally-made films, series and documentaries, helping to create thousands of jobs and showcasing British storytelling at its best – with everything from The Crown, to Sex Education and Top Boy, plus many, many more.
“Our price change reflects the significant investments we’ve made in new TV shows and films, as well as improvements to our product. Our basic membership will remain at the same price, ensuring as many people as possible can enjoy our content.”
Netflix Pricing VS. The Competition
At £9.99/month for the standard plan, Netflix’ price remains higher than most of its competitors in the UK – and even more so when you look at the 4K premium plan.
Amazon Prime Video costs £5.99/month (or £79/year if you get the full Amazon Prime membership), and includes 4K streaming, so it’s more comparable to Netflix’ £13.99/month premium plan.
Disney+ costs £5.99/month or £59.99/year, also with 4K included as part of the plan, so comparable to Netflix’ Premium Plan.
Apple TV+ costs £4.99/month, and is available for free for those who purchase a new Apple device.
NOW TV, on the other hand, has separate plans for movies, TV shows and kids content (and sports). At £9.99/month for the TV package and £11.99/month for the Cinema package – it’s by far the most expensive UK streaming service when you combine the two.
Plus, not only does NOW TV not offer any 4K content – you also need to pay an extra £3/month for Full HD (1080p).
Then again, if you compare Netflix to the “traditional” pay-TV competitors, like Sky and Virgin Media, Netflix is still considerably cheaper in most cases.
And, unlike the typical 12 or 18-month contracts from the satellite/cable companies, you can cancel Netflix at any point, and re-subscribe whenever you want.