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.

Just Posted

Police chase ends in two arrests

Suspects in stolen truck evade RCMP from Alberta border to Clearwater area

Independent business in Blue River pays it forward

Blue River Sledz donates a generous amount of clothes to the less fortunate in Kamloops

Clearwater Carpet Bowlers give to three local groups

Carpet Bowling is held at the Evergreen Acres Hall on Mondays and Thursdays at 1 p.m.

Yellowhead Community Services (YCS) celebrates community partnerships at open house

The event featured musical performances by the children in both care groups operated by YCS

Hospital Auxiliary raffle winner

The next fundraiser for the group is the annual Garden Party on May 5, 2019

VIDEO: Royals reveal the images on their Christmas cards

Prince William and his wife Kate are shown outside in casual clothes, their three young children in tow

‘I practically begged’: Kootenay woman with breast cancer denied referral to Calgary

Breast cancer patient left to fight disease alone after being denied referral to Calgary

Trudeau to make it harder for future PM to reverse Senate reforms

Of the 105 current senators, 54 are now independents who have banded together in Independent Senators’ Group

21 detained before Paris protests as police deploy in force

There was a strong police presence outside the central Saint Lazare train station, where police in riot gear checked bags

ICBC to apply for 6.3% hike to basic insurance rates

Crown Corporation said it will be submitting its next basic rate application to the British Columbia Utilities Commission Friday

Media, robotics, Indigenous studies coming to B.C. Grade 12 classrooms in 2019-20

Provincial tests are also being changed for students in Grade 10 to 12, the Education Ministry said

Stranded B.C. trucker writes final wishes before being rescued 3 days later

‘I was just praying someone would come along’

Canfor Corp. extending temporary curtailment of sawmills in B.C.; cutting hours

Vancouver-based company says the decision is due to declining lumber prices, high log costs and log supply constraints

Canada’s prospective world junior team members await final roster decisions

Thirty-four players were invited to the national junior selection camp

Most Read