Photo courtesy CBC.
If you subscribe to Netflix, another monthly price hike is coming and it’s the biggest yet for the service in Canada.
The streaming provider is raising its standard rate by three dollars to $13.99 a month, which allows you to watch on two screens at a time.
The price will climb to $16.99 for Netflix Canada’s premium plan users, which gives up to four simultaneous streams and 4K ultra-high-definition video.
There will be a one dollar jump for basic plan subscribers, which only allows one stream at a time and does not offer high-definition, to $9.99 a month.
The prices are effective immediately for new subscribers while existing Netflix users will be notified by email of the changes in the coming weeks.
Netflix says the increased fees will help fund upcoming TV series and films and overall platform improvements on the site.
A fee increase of a dollar was brought in by the company about a year-and-a-half ago.
At the 2018 Emmy’s, Netflix tied HBO for most wins with 23 each.
The company behind “Narcos” “The Crown” and “Stranger Things” also had the most Emmy nominations with 112.
There is increasing pressure for streaming service in the Canadian market, with Bell introducing a higher tier of its Crave service that includes recent Hollywood films and new HBO series called Crave+, which costs $20 a month.
The streaming competition will include Disney next year with Disney+, anticipated to have movies and original series.
With files from the Canadian Press.
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