Netflix UK will be putting up its prices later this year and a lot of early adopters will be impacted.
If you purchased your Netflix UK subscription a while back then it’s likely you’ll be on one of the website’s ‘old’ packages, which used to cost £5.99 a month for HD streaming on up to two devices at once.
However this package now costs £7.49.
While Netflix UK had frozen the £5.99 price point for old subscribers, that freeze is coming to an end this year and if you do nothing about it you’ll end up paying the new higher price from as early as net month.
The move is said to be gradual, with Netflix explaining in a statement: “Later this month, members in the UK will begin to be ungrandfathered.
“Beginning May, the price update is rolling out elsewhere based on member billing periods.
“Impacted members will be clearly notified by email and within the service, so that they have time to decide which plan/price point works best for them.”
They added: “The prices taking effect were previously announced in May 2014 and follow a two-year period of holding prices to the previous level as a thank you to members.”
If you do nothing, you’ll service will remain the same and you’ll pay £7.49 a month.
However there is the option to stay at £5.99 by downgrading to a ‘basic’ membership: For this you don’t get HD videos and can only stream on one device at a time, but it may be a good option rather than paying the higher price, depending on your circumstances.
Meanwhile another price increase will also impact those who signed up more recently, with a one-year freeze on 2015’s 50p rise coming into play.
Those who signed up when the Standard package was at £6.99 will be paying the new £7.49 price point by the of the year.