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Netflix to increase cost of subscriptions from March

Netflix to increase cost of subscriptions from March
Rob Flynn

Rob Flynn

Staff Writer

There are now more than a handful of mainstream Video on Demand (VoD) platforms available for customers in Ireland to sign up to, with Netflix being the big hitter. 

Chances are you’ve been relying in part on streaming giant Netflix for some good old quality entertainment on the weekends to help see you through the pandemic - we know we have.

In fact, the likelihood is it hasn’t just been on weekends either but most evenings and lunchtimes too, especially with the ongoing level 5 measures in place.

But if you’re the bill payer it’s probably best to look away now as the international streaming platform has recently announced that it will be upping its prices, for the third time in as many years.

Come March 5th premium and standard subscribers will see their monthly payment increase by a cost of €2 and €1 respectively.

While this may not seem like a large increase, as it stands premium rate customers already pay €15.99 per month, but from next month customers can expect to fork out €17.99 for the pleasure.

Standard customers have up until this point paid €11.99 but will now pay €12.99 when the price increase comes into effect.

However, customers who pay for the basic package won’t be facing any increase and their monthly subscription of €7.99 will stay the same for now.

If you’re looking to sign up to any one of the widely available VoD platforms, not just Netflix, you can read our definitive guide to streaming platforms in Ireland here.

What’s the difference?

The main reason many people pay more for their Netflix subscription is the allowance Netflix grants for the number of devices that are allowed to watch at the same time.

Standard subscribers are currently able to watch on two devices simultaneously, while premium users can have four shows or movies streaming at any one time.

And perhaps more importantly for some, basic customers can only stream at a quality of 480p, while standard and premium customers have access to the crisp quality of 1080p. 

However, only premium customers have access to 4K+HDR streaming. But does it justify the price tag?

Price plan

New price

Resolution

No. devices

Basic

€7.99 (unchanged)

480p

1

Standard

€12.99

1080p

2

Premium

€17.99

4K+HDR

4

Reasons for the rise

Netflix has said that the price increase is in no small part about making a broader range of new and existing titles available to customers.

About the increase the streaming platform said: 

This update will allow us to deliver even more value for your membership - with stories that lift you up, move you or simply make your day a bit better.

At the moment Netflix is available in more than 190 countries with over 200 million subscribers worldwide.

Get in touch

What do you make of the latest increase from Netflix? Will you be cancelling your subscription, or perhaps even upgrading? Let us know in the comments below!

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