Netflix Set To Raise Prices For All Plans In The U.S

Streaming lovers get your coins ready as Neflix has announced ANOTHER price hike coming SOON!

Earlier this month Netflix released news of a price increase set to impact all subscribers within the United States, reports ABC News.

U.S. subscribers who hold standard monthly plans without advertisements will go from paying $15.49 to $17.99. It has been stated that a standard monthly subscription with ads will ultimately increase by $1.

Their highest-priced premium tier, which includes 4K video quality, will increase by $2 to $24.99, reports CNN.

The streaming platform’s price hike comes following an impressive fourth quarter in 2024. Reports read that Netflix secured 19 million new subscribers in the final months of last year with a 16% jump in revenue.

“As we continue to invest in our 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,” reads a letter to investors.

“Even in an amazing quarter where we had three huge live events — we had an incredible fight, two NFL games — we had one of our biggest TV series ever in ‘Squid Game’ season two, all very successful events and titles that we are thrilled about,” says Netflix co-chief executive, Ted Sarandos.

He adds that the company will continue to feature events and sports to further expand their platform.

“If there was a path where we could actually make the economics work, for both us and the league, we certainly would explore,” Sarandos said. “But, right now, we believe that the live events business is where we really want to be, and sports is a very important part of that, but it is a part of that expansion.”