Netflix to hike prices on standard and ad-supported streaming plans

Finance

In this article

The word “Netflix” shines brightly at the presentation of the new season (3) of the Netflix series “Bridgerton” in the Flora.
Rolf Vennenbernd | Picture Alliance | Getty Images

Netflix is hiking the price of most of its plans in the U.S.

The streaming giant announced on Tuesday that its standard plan without commercials will increase from $15.49 a month to $17.99. Its cheaper, ad-supported plan, which was more recently introduced to attract more subscribers, will increase from $6.99 per month to $7.99.

The company, which reported fourth-quarter earnings on Tuesday, said it will also raise the prices of plans in Canada, Portugal and Argentina.

This is breaking news. Please check back for updates.

Articles You May Like

Pound Sterling Price News and Forecast: GBP/USD outperforms USD as Trump backs immediate rate cuts
Gold price nears record high on weak US Dollar
Did the US Secretary of State just cutoff aid to Ukraine?
American Airlines shares tumble as outlook falls short
Boeing expects $4 billion loss for fourth quarter after chaotic 2024