This streaming monster is raising its prices again
Your Netflix subscription is about to get even more expensive.
In its latest earnings report released on Tuesday, the streaming service announced that “we are adjusting prices today across most plans” in the US, and Canada.
“As we continue to invest in programming and deliver more value for our members, we will occasionally ask our members to pay a little more so that we can re-invest to further improve Netflix,” the company said in a letter to investors.
The ad-supported tier is increasing from $6.99 to $7.99 per month. The standard ad-free tier will go from $15.49 to $17.99.
Its highest-priced premium tier is also increasing from $22.99 to $24.99 per month.
The cost of adding an Extra Member to a primary account is going up from $7.99 to $8.99 per month.
The price hikes will go into effect during subscribers’ next billing cycle.