If you have a basic no-ads plan with Netflix in Canada then you’re going to want to listen up! The popular streaming service distributed a letter to shareholders this week where it mentioned the company’s intentions to eliminate its basic no-ads plan.
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Netflix announced last year that it would no longer offer the basic no-ads plan to new or returning subscribers which cost $9.99 per month but according to the shareholders report released on January 23rd, 2024, it will be eliminated completely.
According to the letter, Netflix says “we’re looking to retire our Basic plan in some of our ads countries, starting with Canada and the UK in Q2 and taking it from there.”
While the report does not list an exact date for the plan elimination, Q2 typically runs between April and June.
Currently Netflix’s plan breakdown looks like this. The cheapest plan is Standard with ads at $5.99. The Basic plan costs $9.99 per month and allows streaming on one device at a time in SD quality with no ads (to be eliminated).
The Standard plan costs $16.49 per month and allows for streaming on two devices at the same time in HD quality and finally, a Premium plan costs $20.99 per month and allows for streaming on four devices at the same time in HD quality.
Netflix isn’t the only streaming service making some big changes. Amazon Prime announced it would be showing ads on their streaming service as of February 5th, 2024 with the no-ads option costing an extra 2.99 a month.
Crave just recently changed a part of their monthly pricing plan as well. In January the streaming service updated the price for their Premium ad-free package which will now be $22 per month – an increase of $2.01.
If you want to stay up to date with Netflix’s changes you can check out there quarterly letters here.