{"id":2450,"date":"2022-01-17T13:26:40","date_gmt":"2022-01-17T12:26:40","guid":{"rendered":"https:\/\/ancstockinvestments.com\/blog\/?p=2450"},"modified":"2022-01-17T13:26:43","modified_gmt":"2022-01-17T12:26:43","slug":"netflix-is-now-more-expensive-than-hbo-max","status":"publish","type":"post","link":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/17\/netflix-is-now-more-expensive-than-hbo-max\/","title":{"rendered":"Netflix is Now More Expensive Than HBO Max"},"content":{"rendered":"\n<div>\n<p class=\"cyhZ9\">Once upon time, HBO sold cable subscribers on the value of a premium paid channel with the slogan, \u201cIt\u2019s not TV, it\u2019s HBO.\u201d Today, in an <a href=\"https:\/\/qz.com\/re\/entertainment\/\">entertainment<\/a> world dominated by at-home viewing, Netflix is hoping its own prestige will justify the highest monthly price tag in the US among streaming companies.<\/p>\n<p class=\"cyhZ9\">On Jan. 14, <a href=\"https:\/\/qz.com\/re\/netflix\/\">Netflix<\/a> announced its first price increases since 2020, which go into effect immediately for new subscribers and will be rolled out gradually (with at least 30 days\u2019 notice) for existing customers. Here\u2019s how prices will increase for each plan:<\/p>\n<ul class=\"a58Cc\">\n<li aria-level=\"1\">The cost of the basic plan (content can only be watched on one screen at a time; no HD) is rising to $9.99 per month from $8.99.<\/li>\n<li aria-level=\"1\">The standard plan (two screens, with HD) will increase to $15.49 per month, from $13.99.<\/li>\n<li aria-level=\"1\">The 4K plan (four screens plus \u201cUltra HD\u201d) will go up to $19.99 per month, from $17.99.<\/li>\n<\/ul>\n<h2 class=\"et6CV\">Netflix price increases over time<\/h2>\n<p class=\"cyhZ9\">Price bumps have become routine for Netflix over the past decade, but the most recent one makes the streaming giant\u2019s standard plan, at $15.49, just a hair more expensive than the $14.99 price tag for HBO Max. Hulu\u2019s standard plan is $12.99 per month, Amazon\u2019s is $8.99, and Disney+ is $7.99.<\/p>\n<p class=\"cyhZ9\">\u201cWe understand people have more entertainment choices than ever and we\u2019re committed to delivering an even better experience for our members,\u201d <a href=\"https:\/\/www.reuters.com\/technology\/exclusive-netflix-raises-monthly-subscription-prices-us-canada-2022-01-14\/\">Netflix said in a statement<\/a>. \u201cWe\u2019re updating our prices so that we can continue to offer a wide variety of quality entertainment options.\u201d<\/p>\n<h5>Also Read: <a href=\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/14\/why-is-binance-sponsoring-the-africa-cup-of-nations\/\" target=\"_blank\" rel=\"noopener noreferrer\">Why is Binance Sponsoring the Africa Cup of Nations?<\/a><\/h5>\n<h2 class=\"et6CV\">Netflix\u2019s US subscriber growth is slowing<\/h2>\n<p class=\"cyhZ9\">There\u2019s no question Netflix is spending a boatload on content: <a href=\"https:\/\/s22.q4cdn.com\/959853165\/files\/doc_financials\/2021\/q1\/FINAL-Q1-21-Shareholder-Letter.pdf\">$17 billion this year<\/a>, to be exact (pdf). But the price bump also reflects Netflix\u2019s need to squeeze more revenue out of North America, where subscriber growth is getting weaker.<\/p>\n<p class=\"cyhZ9\">In the third quarter of 2021, just 1.6% of Netflix\u2019s 4.4 million new customers came from the US and Canada, compared with 50% from the Asia-Pacific region, <a href=\"https:\/\/qz.com\/2102433\/netflix-is-dropping-prices-in-india-to-boost-subscriber-numbers\/\">where the streaming giant is slashing prices<\/a>. Investors will be scrutinizing this breakdown anew when Netflix reports fourth-quarter earnings on Jan. 20. Prolonged interest in <a href=\"https:\/\/qz.com\/2076963\/netflix-wants-to-turn-shows-like-squid-game-into-video-games\/\"><em>Squid Game<\/em><\/a>, a global mega-hit that debuted in September, may help with growth.<\/p>\n<p class=\"cyhZ9\">When it comes to reach, Netflix still has an edge over its competition: Toward the end of 2021, it had 214 million global subscribers, compared with <a href=\"https:\/\/www.engadget.com\/disney-plus-q4-2021-earnings-subscribers-215350017.html\">118 million for Disney+<\/a>, <a href=\"https:\/\/www.latimes.com\/entertainment-arts\/business\/story\/2022-01-05\/jason-kilar-how-many-hbo-max-subscribers-2021\">74 million for HBO and HBO Max<\/a>, and <a href=\"https:\/\/thestreamable.com\/news\/hulu-reaches-43-8-million-subscribers-in-q4-2021-including-4-million-with-hulu-live-tv\">44 million for Hulu<\/a>. (Amazon Prime is a little trickier; the company <a href=\"https:\/\/www.indiewire.com\/2021\/04\/amazon-prime-video-subscribers-streaming-more-jeff-bezos-1234634323\/\">says 175 million<\/a> of its <a href=\"https:\/\/news.yahoo.com\/amazon-prime-has-200-million-members-142910961.html\">200 million Prime members<\/a> streamed TV shows and movies last year.)<\/p>\n<p class=\"cyhZ9\">But some of those competitors are growing quickly, including HBO Max, and Netflix\u2019s North America conundrum leaves it with an ambitious to-do list: Court <a href=\"https:\/\/qz.com\/emails\/quartz-company\/2076670\/\">larger audiences outside the US<\/a>, continue the (expensive) <a href=\"https:\/\/qz.com\/1882572\/netflix-really-wants-a-movie-franchise-like-james-bond\/\">quest for blockbuster franchises<\/a>, and cultivate a reputation as the premier player in an increasingly crowded field.<\/p>\n<p class=\"cyhZ9\">\u201cI do believe\u2026that they believed that consumers would see them as either a comparable or even a higher value than HBO Max as they made that decision,\u201d Brett Sappington, vice president of consumer insights firm Interpret, <a href=\"https:\/\/www.latimes.com\/entertainment-arts\/business\/story\/2022-01-14\/netflix-raises-its-prices-in-the-u-s-as-the-cost-of-content-rises\">told the LA Times of the latest price hike<\/a>. \u201cI do think that they like the idea of having a premium position in the market.\u201d<\/p>\n<\/div>\n\n<p><a href=\"https:\/\/qz.com\/2113481\/netflix-is-now-more-expensive-than-hbo-max\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Netflix has announced its first price increases since 2020, overtaking HBO Max as the most expensive streaming service in the world.<\/p>\n","protected":false},"author":5,"featured_media":2451,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"content-type":"","inline_featured_image":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,3],"tags":[359,218,360],"series":[],"ppma_author":[533],"class_list":["post-2450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-investments","tag-hbo-max","tag-netflix","tag-streaming-service"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Netflix is Now More Expensive Than HBO Max - ANC Blog<\/title>\n<meta name=\"description\" content=\"Netflix has announced its first price increases since 2020, overtaking HBO Max as the most expensive streaming service in the world.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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