Tuesday, July 5, 2022

Despite Price Increase, Netflix, Inc. (NASDAQ:NFLX) Remains One of The Best Options

Are you addicted to Netflix, Inc. (NASDAQ:NFLX)? Well, your addiction will now cost you an extra dollar.

The popular streaming service announced yesterday that it was raising the price of one its best subscription plans, from $8.99 to $9.99. The raise applies to customers in Canada, U.S and some countries in Latin America. The move comes just months after the service decided to raise its prices in Europe.

Despite the increase, the streaming service has so much to offer that it is still worth it. Netflix has seen how its competitors have grown over the last few months, with more and more offering new features and original content. But the service continues to offer great prices and content.

Unlimited Access For $9.99

Those subscribed to Netflix know how good it is. For just $10 a month, users get unlimited access to a huge library of movies and TV shows. Why pay per view when you pretty much got all the movies you need in one Netflix Devicespage? Netflix also offers great TV shows, such as Friday Night Lights, Sherlock and Breaking Bad. The service also delivers original shows such as House of Cards, Daredevil and Orange Is The New Black. Some are offered in other places but all of them come with your Netflix subscription.

On top of that, all of Netflix’s content arrives commercial free and in HD. Not at home? The service can be used on tablets, phones, streaming players and a ton of other devices. The $9.99 subscription only lets you watch two streams at a time, but if you throw in two more dollars you can watch movies and shows on four screens.

Not Perfect

Netflix is not perfect though. The service looks different on the app or device you’re using, and most of the movie library is made up of old titles. Some of the content gets removed after a while and the service recently lost a distribution deal, losing a few movies in the process.

The service also continues to require an Internet connection. One of its biggest competitors recently made it possible to download movies and shows so users can watch them offline. For some reason, Netflix has decided to stay away from that option, despite the numerous requests from its users.

Even without the newest movies and offline viewing, Netflix is a steal, just like it was a year ago. Back then, subscribers were paying just $7.99 and were not bothered by the one dollar increase in May of that year. $9.99 is a great price for those looking to subscribe to the service now. Those who paid their subscription before the hike will stay at $8.99 for the year.

What do you think about the new price? Are you subscribed to Netflix? Let us know in the comments.

Sean Farlow
University graduate with a bachelor's degree in business administration. Big fan of sports teams from South FL.
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