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Netflix raises its monthly subscription rates nearly $3 for 4K TV owners

Proud owners of an ultra high definition 4K TV have an additional cost on the horizon: An extra $3 a month for access to Netflix streaming plans that include 4K content.

According to a report by HD Guru, new Netflix subscribers -- or any current Netflix subscriber who decides to purchase a 4K TV -- will see their monthly subscription rate increased from $8.99 to $11.99, an increase of $3. This higher rate comes with the perk of having access to 4K streaming content, which Netflix currently offers in a limited capacity with shows like House of Cards, The Blacklist, and Breaking Bad.

The price hike is likely a result of the higher data costs associated with streaming 4K content; Netflix recommends that customers who stream in 4K have an available bandwidth of at least 20Mbps. 4K content streams in ultra high definition, with a resolution of 3840x2160 and up to 60 FPS. For those who have experienced it, shelling out an extra $3 a month for access is a no-brainer.

The new price plan also allows users to stream across four different devices at once, which is a godsend for families and multiple people who share a single Netflix account. Under their current standard pricing plan, Netflix only allows users to stream across two devices at once.

There's still no word on when Netflix will officially bring 4K streaming to PCs, so for now users with the $11.99/mo price plan will have to experience 4K content on their television sets.

Source: HD Guru 

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