A breakdown of Netflix plans and prices

Netflix may huge penetration into the US market but the popular video streaming service has changed its pricing structure several times over the years, as it pays a fortune for new content.

Even with Netflix’s massive popularity, the service has to raise prices in part to pay for all of its original programming, across shows like Stranger Things, Black Mirror, Ozark, and others. It’s estimated Netflix will spend as much as $17.5 billion for original content in 2020. This will eventually pay off as Netflix stops having to pay for licensing and retain a huge backlog of its own programming, but at the moment Netflix is burning cash.

Netflix can’t take its foot off the gas: there are major streaming rivals to deal with like Apple Plus, Hulu, Amazon Prime Video, Disney Plus, Peacock, HBO Max, and ideas like Quibi.

So how much does Netflix now cost, and what are your membership options in 2020? Let’s jump right in.

Netflix plans

Basic

Price: $9/month

What you get: With a Basic Netflix plan, you really do just get the basics. It’s perfect for a casual media consumer who lives alone. The $9 price tag gets you access to the streaming service on one screen, in regular definition — no HD, no multiple streams.

Standard

Price: $13/month

What you get: A Standard Netflix plan is perfect for couples who might want to be watching TV simultaneously in different rooms. You get access to the streaming service on up to two screens, and in HD, if you choose.

Premium

Price: $16/month

What you get: Premium Netflix gets you everything available with a Standard Netflix plan, and you can stream on up to four screens simultaneously, while also get the option of watching your favorite shows and movies in HD and 4K where available. Perfect for both a family who might want to tune in across a few different devices at once watching different TV, or for those with a 4K TV who want to get the most out of their great screen for very best image quality.

DVD

Price: $4.99-$14.99/month

What you get: Yes, Netflix still mails out DVD rentals, if you want such a service — only in the US. Believe it or not, you might want it! Unlike the streaming site, Netflix’s rental service isn’t as hampered by rights and agreements with its disk offerings. You get a lot of choices, including some rare and hard-to-find titles that aren’t available to stream. The base rate of $4.99 gets you one disk at a time, with a maximum of two disks per month. You create a list of films you want to see, in whatever order you choose, and Netflix mails the first available title on your list, along with return postage. You can hold onto the one title for a day or six months or indefinitely, but you won’t get another disk until you return it. If you want to get Blu-rays, or have the option of two disks at a time or unlimited monthly rentals, you might pay as much as $14.99 per month.

If I already have Netflix will I have to pay the new price?

Any price hikes Netflix brings in are basically effective immediately for all new Netflix subscribers. If you are already an active member, you may get a short grace period. You don’t have to pay more when you’re next due, but your old price only remains. Price hike have always rolled out to all customers over a three month time stretch.

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