David Friend, The Canadian Press
Published Thursday, November 29, 2018 9:23 EST
TORONTO – There is another fare ride to subscribers of Netflix Canada as competition increases among the most streamlined video services.
The company behind "Narcos" and "Orange Is the New Black" present its greatest price increase for new subscribers and current members.
The standard Netflix scheme will now cost $ 3 more – or $ 13.99 per month – to watch content on two screens at a time.
The basic plan – which does not offer a high definition video and only allows one stream – rises a dollar to $ 9.99 per month.
Premium scheme subscribers pay $ 3 more – or $ 16.99 per month – for up to four shots simultaneously and a 4K high definition video.
Netflix says that the higher prices are effective immediately for new subscribers, while current users will be notified by email before the bills arise over the next few weeks.
Recently, the company has increased prices for most plans and dollars around one and a half years ago.
Netflix says the move will help fund a TV series and upcoming films as well as general improvements to the Netflix platform.
But the company also faces intense competition next year as the number of streaming platforms in the Canadian market with attractive offers grows.
Earlier this month, Bell Media introduced a higher layer of Crave's streaming service that includes a selection of Hollywood films and new HBO programs. The package, called Crave +, costs around $ 20 a month.
Next year, Disney is jumping to the market with a streaming platform itself. Disney + is expected to be stocked with original films and prequel series for "Star Wars: Rogue One" and the marvelous Marvel show based on the Loki character of "Thor" and "The Avengers."
Other platforms could also make a heading, including a new service operated by Classic Movie Specialty Criteria, and All Access CBS, which means that its library of original shows is Include each other, which includes "Tell Me A Story" and "Strange Angel."