Streaming Services in Canada are Increasing their Prices in 2024

TV streaming in Canada is undergoing a significant shift, and unfortunately it’s getting more expensive. Once seen as the more economical alternative to traditional cable television, streaming services are now steadily increasing their rates year after year.

In 2024, the trend continues as inflation, rising production costs, and the pursuit of profitability prompted major players in the industry to revamp their subscription models and raise their prices. Let’s take a closer look at the recent changes in the monthly rates of some of the top streaming services in Canada:

NETFLIX

Netflix, the powerhouse behind popular shows like “Stranger Things” and “The Night Agent,” made significant adjustments to its subscription plans. The company phased out its $9.99 “basic” plan for new subscribers, effectively eliminating its most affordable option without ads. This move left viewers with the choice of either paying more for an ad-free experience or enduring commercials. The new pricing structure is as follows:

DISNEY PLUS

Disney Plus, home to iconic franchises like “Star Wars” and Marvel, introduced a new ad-supported tier and split its existing 4K high-definition (HD) ad-free tier into two options. Both options now come at a higher cost, with one offering a downgrade in video quality. The updated pricing for Disney Plus is as follows:

  • Premium ($14.99/month or $149.99/year): Up to 4K UHD & HDR video. 4 concurrent streams. …
  • Standard ($11.99/month or $119.99/year): Up to 1080p Full HD video. 2 concurrent streams. …
  • Standard With Ads ($7.99/month): Up to 1080p Full HD video. 2 concurrent streams.

CRAVE

Bell Media’s streaming platform, Crave, which offers a variety of Hollywood movies, Canadian content, and HBO programming, revamped its subscription options by introducing two ad-supported tiers while maintaining the price of its 4K ad-free option. The new pricing for Crave is as follows:

– HD with commercials: $9.99

– 4K with commercials: $14.99

– Commercial-free 4K resolution: $22.00

PRIME VIDEO

Amazon’s Prime Video announced its split into ad-supported and ad-free tiers, set to take effect in 2024. Viewers who prefer to watch popular series like “The Lord of the Rings” and “Reacher” without interruptions will face a premium price, although the exact amount has not been disclosed for Canada. The current pricing for Prime Video is as follows:

– With commercials: $9.99

– Without commercials: To be announced (Up from $9.99)

PARAMOUNT PLUS

After a price increase before the holidays in the previous year, Paramount Plus spent much of 2023 expanding its content library. With new additions from various banners, including Showtime and MTV series, as well as the “Yellowstone” and “Star Trek” universes, Paramount Plus will introduce ad-supported and ad-free options next year. The pricing details are as follows:

– With commercials: To be announced

– Without commercials: $9.99

APPLE TV PLUS

Apple’s venture into premium series like “The Morning Show” and “Slow Horses” saw a price hike in the fall, reflecting the ongoing trend of increasing costs for streaming services. The new pricing for Apple TV Plus is as follows:

– Without commercials: $12.99

If you would subscribe only to these services, your monthly bill would be 90.99$

In conclusion, the era of budget-friendly streaming may be a thing of the past in Canada as streaming services continue to adjust their prices to meet growing demands and economic pressures. Consumers should brace themselves for higher subscription fees as the industry evolves.