Downgrading - Warning.

[Bosconian]

I am well out of contract.  I attempted to remove Sky Cinema (£13 pm) and UHD (£4 pm).  You would think that would save you £17 pm.  Not with Sky it doesn't!!  A change of this nature results in an extra "cost" from Netflix (not billed separately) of £3.50 pm  because "if we make any changes to your account it'll switch to new packages and prices that Netflix have updated".  No doubt it's hidden somewhere in the small print of the Ts & Cs.  You would have thought if you were out of contract you could remove some products and save the cost of those products.  Not so with Sky!!

[PandJ2020]

NetFlix billing changed (by NetFlix one presumes) - and any account changes will trigger the new subscription model.

[TimmyBGood]

@Bosconian 

As @PandJ2020 indicates, Netflix has significantly revised its product and price structure, and that's now affected every Netflix partner.  Netflix Basic is gone, Standard with Adverts is default, and Sky HD/UHD no longer upgrades the Netflix tiers.  If you dropped UHD but wanted to keep the same Netflix provision, there's an additional cost.

Realistically, Netflix stockholders are quite anxious to actually see some profits within the current decade...