Plex, a popular media streaming service, is increasing its subscription prices for the first time in over a decade. The company’s premium subscription service, Plex Pass, will now cost $7 per month or $70 per year, a significant jump from previous rates.
The standard service remains free, allowing users to stream movies and shows with basic features. However, the lifetime pass has skyrocketed to $250 from its original price of $120. The changes take effect on April 29, impacting both new and existing customers.
Plex’s CEO cited industry-wide cost increases as the reason for the price hikes. To offset these costs, remote streaming will now be included in a subscription plan priced at $2 per month.
Despite the price increase, Plex is introducing new features to enhance the user experience. A partnership with Common Sense Media will provide ratings and reviews aimed at parents to Plex Pass holders. A server management app is also in development, which will launch soon.
Additionally, the platform is eliminating the mobile unlock fee, allowing users to stream content from their media servers to mobile devices without restrictions. Other recent additions include public reviews and profiles.
The price increase comes as the streaming industry faces significant changes. With this move, Plex aims to balance value with a high-quality personal media experience while adapting to rising costs.
Source: https://www.engadget.com/entertainment/streaming/plex-raises-subscription-prices-for-the-first-time-in-a-decade-182622032.html