Will Netflix NZ increase prices?

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JPNZ

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#195185 9-Apr-2016 12:55

Netflix in the US is moving their older plans from $7.99 to $9.99 do you think NZ prices will increase as well?

http://www.techtimes.com/articles/148662/20160408/price-subscription-netflix-will-increase-17-million-people-next-month.htm

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tdgeek

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#1528972 9-Apr-2016 13:04

Don't see why. These are old plans in the US, 7.99 just being taken up to current plans, 9.99. NF NZ is on current pricing already.

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ockel

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#1528973 9-Apr-2016 13:06

Netflix increased its prices from $7.99 to $8.99 but grandfathered it for 2 years. It lifted prices from $8.99 to $9.99 in October last year but established a 12 month (?) grandfathering clause for that increase for all customers on the $8.99 plan.

Those customers that roll off the $7.99 plans in April 2016 get the full increase. Netflix did offer people to downgrade their service and keep a lower price though.... The 2nd increase was roughly 18 months after the first.

Netflix UK customers have alse experienced price increases.

All this in a time when the the number of movies offered as decreased by 33% and television shows by 26%. http://time.com/4272360/the-number-of-movies-on-netflix-is-dropping-fast/ [Insert howls of anguish at paying more for less]

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mattwnz

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#1528975 9-Apr-2016 13:07

IMO these types of services will only increase in price over time, especially if there is limited competition. Also if they have to pay gst in the near future that will likely be past onto the consumer.

tdgeek

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#1528977 9-Apr-2016 13:10

Its as cheap as chips. But once all this SVOD plays out, we might find we want 3 or 4 services. Maybe at $20 each. Fan pass averaging $30 a month. Or we save money and keep less services, and miss out. First world problem for sure!

Stu1

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#1528979 9-Apr-2016 13:20

Will be interesting or if they keep the price the same to compensate for the Netflix tax which is coming in this year for GST on digital services. It may be too much of an impact on customers if they rasie their price and include the GST

tdgeek

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#1528981 9-Apr-2016 13:25

Stu1:

Will be interesting or if they keep the price the same to compensate for the Netflix tax which is coming in this year for GST on digital services. It may be too much of an impact on customers if they rasie their price and include the GST

It will be added on for sure. I assume the $12-99 is most common, that goes to $14-99. The price wont be raised due to the OP post, thats an old price, we pay the current price.

ockel

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#1529013 9-Apr-2016 14:34

tdgeek:

Its as cheap as chips. But once all this SVOD plays out, we might find we want 3 or 4 services. Maybe at $20 each. Fan pass averaging $30 a month. Or we save money and keep less services, and miss out. First world problem for sure!

With Starz launching its own streaming content in the US, Engadget noted that getting the big 7 streaming services would cost US$70/mth - not far away from the equivalent FiOS bundle. http://www.engadget.com/2016/04/05/starz-streaming-service/

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Stu1

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#1529016 9-Apr-2016 14:49

Still cheaper than sky i guess, but i am less likely to keep it if i lose USnetflix

tdgeek

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#1529019 9-Apr-2016 14:59

ockel:

tdgeek:

Its as cheap as chips. But once all this SVOD plays out, we might find we want 3 or 4 services. Maybe at $20 each. Fan pass averaging $30 a month. Or we save money and keep less services, and miss out. First world problem for sure!

With Starz launching its own streaming content in the US, Engadget noted that getting the big 7 streaming services would cost US$70/mth - not far away from the equivalent FiOS bundle. http://www.engadget.com/2016/04/05/starz-streaming-service/

Yep, there is no fee ride. 7 x 12 to 15 here is 84 to 105. Off course most wont want or need that many, but I can see 3 or 4. 3 = say NZ$40 to 45 plus Fanpass and even thats getting up there. The price of choice is fragmentation, and not everything is on one device, I quite like an app rather than casting off a computer.

What does it mean by "That's not exactly a big saving when you can get an equivalent FiOS bundle for less than $80." Is the fibre bundle including most of all these services. i.e equivalent, or des it mean Fibre plus one SVOD?

Some user may see 4 or 5 SVOD as what they have to have as its spread everywhere, others might see FV plus one SVOD as perfect, YMMV

ockel

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#1529022 9-Apr-2016 15:11

tdgeek:

ockel:

tdgeek:

Its as cheap as chips. But once all this SVOD plays out, we might find we want 3 or 4 services. Maybe at $20 each. Fan pass averaging $30 a month. Or we save money and keep less services, and miss out. First world problem for sure!

With Starz launching its own streaming content in the US, Engadget noted that getting the big 7 streaming services would cost US$70/mth - not far away from the equivalent FiOS bundle. http://www.engadget.com/2016/04/05/starz-streaming-service/

Yep, there is no fee ride. 7 x 12 to 15 here is 84 to 105. Off course most wont want or need that many, but I can see 3 or 4. 3 = say NZ$40 to 45 plus Fanpass and even thats getting up there. The price of choice is fragmentation, and not everything is on one device, I quite like an app rather than casting off a computer.

What does it mean by "That's not exactly a big saving when you can get an equivalent FiOS bundle for less than $80." Is the fibre bundle including most of all these services. i.e equivalent, or des it mean Fibre plus one SVOD?

Some user may see 4 or 5 SVOD as what they have to have as its spread everywhere, others might see FV plus one SVOD as perfect, YMMV

FioS packages start at $70/mth being 100mbps fibre+phone+custom TV. Custom TV is a suite of channels and you can add 2 bundles of extra channels for free (each additional bundle being $10/mth). You can add premium channels like HBO or Starz or EPIX at $10/mth for 1 and more $ for each incremental premium channel.

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Jas777

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#1530620 12-Apr-2016 12:19

Unbundling and streaming may have initially dropped prices but as more moved to it the prices were always going to go up.

People who somehow thought that getting rid of the cheap as chips tack on channels to only have the premium content channels was going to result in massive savings will see that over time the price will move closer to what it was.

And based on what is happening for some people a combination of what they previously had but purchasing direct from the producer of the content will eventually lead to an increase in costs.