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Netflix HD goes HD on pricing

12 Oct 2015

Time Inc.'s Money website reports that Netflix is about to get more expensive, with the HD movie and TV streaming service upping the price of its package by $1...

This means it'll now cost $9.99 for overseas viewers, but existing subscribers in the US, Canada and Latin America will have a grace period before their subscription fees are increased, enjoying the current price for a year.

The service lets subscribers stream content in high definition to two screens at the same time, explains MyBroadband, United States, Canada, and parts of Latin America, and follows a similar price hike in Europe earlier in 2015.

The increase is a result of Netflix paying more for the original and third-party content it offers, with plans for Netflix to extend its service into South Africa before the end of 2016.

But while the video-on-demand (VOD) market in South Africa has "seen a huge explosion of services over the last couple of months," according to Htxt.Africa, only 18% of South Africans are aware of pure play VOD services like Netflix.

Let's see what the local VOD future holds...