TORONTO — Another price hike is on the way for Netflix Canada subscribers as competition heats up among the biggest streaming video services. The company behind “Narcos” and “Orange Is the New Black” is introducing its biggest price increase yet for both new subscribers and current members. Premium plan subscribers pay $3 more — or $16.99 a month — for up to four simultaneous streams and ultra high definition 4K video. Netflix says the move will help fund upcoming TV series and films as well as overall improvements to the Netflix platform. Earlier this month, Bell Media introduced a higher tier of its Crave streaming service that includes a selection of recent Hollywood movies and new HBO programs.

Source: National Post November 29, 2018 13:52 UTC