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

Man accused in Salmon Arm church shooting also charged with arson

Parmenter family home badly damaged by fire a month before killing

Cod Gone Wild to serve the Shuswap another round of musical cheer

Celtic-inspired Okanagan band to perform in Salmon Arm and Sorrento

Kids Christmas shopping event coming to Salmon Arm

Friends and Neighbours by Leah Blain

Okanagan teenagers found after missing for four days

The pair, believed to be dating, had been missing since Nov. 15.

Shuswap families bring home medals from Calgary karate tournament

The Summit Open Martial Arts Challenge was good to martial artists from Salmon Arm and Sicamous

Bye bye Bei Bei: Giant panda born in U.S. zoo heads to China

Panda heads back to China as part of cooperative breeding program

North Okanagan women head up college board

Gloria Morgan named chair and Juliette Cunningham vice-chair Tuesday

Mental health first aid course offered by CMHA at Salmon Arm Okanagan College campus

Students learn to engage with someone experiencing a mental health problem

B.C. man gets life with no parole until 2042 for murder of Belgian tourist near Boston Bar

Sean McKenzie pleaded guilty to second-degree murder of 28-year-old Amelie Christelle Sakkalis

‘Very disrespectful’: B.C. first responder irked by motorists recording collisions on cellphones

Central Cariboo Search and Rescue deputy chief challenges motorists to break the habit

Daily cannabis linked to reduction in opioid use: B.C. researchres

Researchers looked at a group of 1,152 people in Vancouver who reported substance use and chronic pain

Thieves smash way into Vernon business

Incident at Simply Delicious happened at 4:30 a.m. and was caught on video

New forward to bring power to Salmon Arm Silverbacks’ offensive line

18-year-old Luke Mylymok acquired from United States Hockey League’s Green Bay Gamblers

Most Read