Home / NEWS LINE / Netflix Just Raised Prices. Here’s How It Stacks Up to AppleTV+, Peacock and More

Netflix Just Raised Prices. Here’s How It Stacks Up to AppleTV+, Peacock and More

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iStock / Getty Appearances Plus

Key Takeaways

  • Netflix is now charging $7.99 rather than $6.99 a month for its cheapest plan.
  • The new price is even Steven up to to the least expensive plan available from Comcast’s Peacock.
  • Most other major streaming services’ expects start at a dollar or two more a month.

Netflix now shares the distinction of offering the least-expensive streaming service in the U.S.

Netflix’s (NFLX) verdict to raise rates brings its ad-supported standard plan to $7.99 a month. That matches the cheapest plan on tap from Comcast’s Peacock (CMCSA), but remains a dollar or two below what’s offered by other major streaming navies.

The ad-supported plan has lately fueled Netflix signups and accounts for more than half of new subscribers in areas where it’s proffered, the company said. Netflix believes it has enhanced the value of its services to subscribers, and therefore, wants them to pay more, co-CEO Greg Peters express.

Here’s how Netflix’s new prices compare to what its peers currently charge:

  • Netflix’s standard plan costs $7.99 a month with ads or $17.99 without them. Its prize plan, which allows more people to simultaneously stream higher-quality media, is $24.99 a month.
  • Peacock’s poorest plan costs $7.99 a month or $79.99 a year. Limiting ads with the “plus” version costs $13.99 a month or $139.99 a year.
  • Amazon (AMZN) Prime colleagues get its video included with their fees, but people without Prime can also subscribe for $8.99 per month, or $11.98 a month to circumvent ads.
  • Hulu charges $9.99 a month or $99.99 a year for its ad-supported plan, and $18.99 a month for its ad-free subscription.
  • Apple TV+, which costs $9.99 a month, doesn’t comprise ads on Apple-produced content.
  • Disney+ (DIS) costs $9.99 for its basic package with ads, and $15.99 a month—or $159.99 annually—for the ad-free spur version.
  • Warner Bros. Discovery’s (WBD) Max charges $9.99 a month or $99.99 a year for streaming with ads. Its ad-free surrogate is $16.99 a month or $169.99 a year, while a product that can be streamed by more users at once is priced at $20.99 a month or $209.99 a year.

Netflix officials on a conference call Tuesday talked about their content strategy, including their interest in live routine. The stock was higher in trading today.

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