T-Mobile's Netflix On Us will cover today's price hike "for now"

T-Mobile's Netflix On Us will cover today's price hike
Earlier today, Netflix announced a new price hike for its streaming plans in the US and, while this may have certain subscribers worried, T-Mobile customers have no need to worry.

Speaking to his 6 million+ followers shortly after the announcement, T-Mobile CEO John Legere confirmed that the carrier’s Netflix On Us promo would continue to cover the extra cost “for now.”

He went on to reveal that the magenta carrier and streaming service are now working together actively in order to determine what kind of “impact, if any,” today’s price hikes will have on consumers. Further details on the matter will be available to the public on May 1.

Netflix’s latest price hikes see rates increase by between 13% and 18% depending on the chosen plan. Consumers on the basic plan, which offers SD streaming on just one device, now costs $9 per month rather than $8. The standard and premium plans, on the other hand, have seen an increase of $2 per month to $13 and $16 respectively. The former offers HD streaming on two devices and the latter bumps this to UHD quality and four devices.

The new rates will be implemented immediately for new customers while existing ones will be switched to the new prices over the coming months.

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3 Comments

1. andrewc31394

Posts: 290; Member since: Jun 23, 2012

don't you just love when companies like Netflix go, "We want more money out of you and offer nothing better in return"

2. Acdc1a

Posts: 473; Member since: Jan 21, 2016

Netflix used to be able to produce content for pennies on the dollar. Now that it's considered "legitimate" the price has increased to produce that content. Does is justify the increase? Probably not, but they do indeed have shareholders to answer to.

3. izim1

Posts: 1596; Member since: Feb 04, 2013

Ive had Netflix since it was full of nothing but cheesy b-movies with terrible acting and even worst special effects. Man, i love those movies. Those were the days... as soon as they started adding "legitimate" movies, i knew i was going to pay for it. But I will say that their original content is some of the best out there. Easily comparable to top original shows from premium cable channels, if not better. Productions that arent in any possible way "cheaply done". In that context, their service is still relatively reasonable. Am i happy about paying $2 more? Definitely not. Can i say they're delivering $16/month worth of value? IMHO, definitely yes.

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