Posted on Tuesday, December 31st, 2013 by Angie Han
At $7.99/month, Netflix‘s basic streaming package isn’t a bank-breaker for most folks. But if you really want to cut your entertainment expenditures to the bone, you may be in luck. The service is now testing a standard-def $6.99/month option for certain users.
If, on the other hand, you’d like to do more with your subscription and don’t mind paying a little extra for it, the company is also trying out a $9.99/month package that’ll let users stream to more devices simultaneously. Hit the jump to get the details on these potential new options.
At present, Netflix’s standard streaming package offers HD video and simultaneous streaming for two devices for $7.99/month. There also exists an $11.99/month family plan that allows up to four high-def streams at once.
However, the latter two packages are only available to select customers right now. Not everyone will get the opportunity to try them out, and in fact, says Netflix chief communications officer Jonathan Friedland, they”may not be something we ever offer generally.” He explained, “We are always testing new things.”
As for those regular $7.99/month users, you may want to enjoy that very reasonable price while you still can. While Netflix has not announced any immediate plans for a price hike, rising content costs may soon force them to find a way to bring in more revenue.
Longtime subscribers may recall that Netflix’s last major change to its pricing model was not so well received. The company’s 2011 decision to split the streaming and DVD/Blu-ray plans effectively raised prices by about 60% for those who wanted to continue getting both.
However, analysts recently found that a more modest increase of about $1 would be unlikely to jeopardize the company’s existing customer base. The question isn’t really if Netflix will ever start charging more, but when and by how much.
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