What Netflix’s new price hike means for your subscription


Netflix subscription prices have been increased again.

Customers living in the US, Canada, Argentina and Portugal will pay more to watch Netflix, the media giant shared ahead of Tuesday. In one Letter to shareholdersThe streamer said the price increase will be effective January 28, and pointed to its growing slate of programming and investment in service improvements as reasons behind the decision. The company at last raised prices in October 2023.

In addition, the streamer was added to a New additional member options That’s ad-based, so if you choose to share your account with someone outside of your household, they can stream ads for $7 a month. The fee for additional members streaming ad-free remains $8 a month.

“As we continue to invest in programming and provide more value for our members, sometimes we ask our members to pay us more netflix. To that end, we are adjusting the prices now The plans in the US, Canada, Portugal and Argentina (based on the 2025 guidance we provided in October 2024), “read the letter.

Read more: Tired of price hikes? How to Cancel Your Netflix Subscription

What to Expect on Your Next Bill

For US subscribers, the ad-based plan will now cost $8 per month, its first increase since its 2022 launch. Its standard plan increases from $15.50 to $18 a month, while the premium subscription goes to $25 per month, which is a $2 increase of $2. The optional additional member fee remains equal to $8 per month. The reservation is implemented immediately for new customers and existing subscribers will see it on their next billing cycle.

It is one of the first major streamers to implement a price increase in 2025. The discovery of Discovery announced a blow to the hike of Peacock and Paraabo Following the trend, Disney financed its rates for Disney Plus, Hulu and Espn Plus in October 2024. However, qualified customers can also watch bundles of Netflix and other services. Comcast’s Streamsaver Offers access to Netflix, Peacock and Apple TV Plus for $15 a month for XFINDY subscribers. choose Plato and The Verizon Customers can also sign up for a Netflix bundle.

The Streaming Service provides TV series, movies, games and live programming, which includes a deal to broadcast WWE live sports matches. While viewers with standard, ad-supported content can watch live events on the platform, it should be noted that some on-demand content is locked behind a paywall. Customers must upgrade to view the entire Netflix catalog.

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