If you are planning on watching the new season of Stranger Things 2, Longmire, Orange is the New Black or any other Netflix original, it is going to cost you a little more money each month. The online streaming service has announced that it is raising the subscription rate for its most popular plans.
Starting this month, Netflix is raising their standard $9.99 plan, which allows for two screens simultaneously, to $10.99. The company is also raising the price of their premium plan, which allows for four screens at once and provides 4k video, from $11.99 to $13.99.
The basic $7.99 plan for one screen with standard definition video will not change. The increase won’t bother most subscribers, and price won’t be an issue until the service charges above $15 for their subscriptions.
This is the first rate hike for Netflix in two years, and a statement from the company made it clear that it is the result of the streaming service offering more original content.
“From time to time, Netflix plans and pricing are adjusted as we add more exclusive TV shows and movies, introduce new product features, and improve the overall Netflix experience to help members find something great to watch even faster.”
This year, the company spent approximately $6 billion on original content, and that number is expected to increase to $7 billion next year, according to chief content officer Ted Sarandos. The website has also increased their number of subscribers since their last rate hike in October of 2015 from 44.7 million to approximately 52.7 million.
The rate increase comes just weeks before Stranger Things 2 is set to premiere on October 27th, and Digital Spy says that they are excited after seeing the show’s latest teaser.
Actor Gaten Matarazzo, who plays Dustin, shared a video on his Instagram account with the caption “1984 was pretty strange.”
The short clip suggests conspiracy theories about everything from the 1984 Olympics to New Coke to gremlins.
Co-creator Ross Duffer says that the new monster in Hawkins, Indiana is worse than Demagorgon and tied to a shape that Will sees in the sky. Matt Duffer adds that things are going to get much crazier this season, and each episode builds on the last.