Plex is tripling the price of a lifetime pass to $750 after doubling it last year

The Verge ·

Plex is tripling the price of a lifetime pass to $750 after doubling it last year

I am dying to know how much money Plex is about to make the next six weeks charging people to stream their own video from their own homes. …

I am dying to know how much money Plex is about to make the next six weeks charging people to stream their own video from their own homes. Today, it’s giving every prospective customer until July 1st to lock in a lifetime subscription at today’s rates — before it triples the price to $750. Plex already more than doubled the price of a lifetime Plex Pass subscription from $119.99 to $249.99 last March , and it’ll triple again on July 1st to $749.99. At that price, you’d have to subscribe for 11 years (at the current annual rate) to make the lifetime sub worthwhile. Plex isn’t choosing the new number because it expects you to pay $750. In a blog post , the company says it actually wanted to stop issuing lifetime plans; it would rather push users towards recurring subscriptions instead to “sustain long-term development”. Now that the annual subscription covers a decade’s worth of Plex, it’s a win for Plex either way. But it may especially be a win for Plex if you, like me, feel sudden FOMO and consider giving Plex $250 for a lifetime subscription now. While you’d only be giving Plex around 3.5 years of annual revenue at today’s rates, it gets an instant infusion of cash. It’s like a huge sale except instead of needing to lower the price, Plex has actually raised it. …

Original source: The Verge