Bad news for
On Friday, Netflix quietly changed the
Basic plan increases $1 per month from $8.99 to $9.99
Standard plan increases $1.50 from $13.99 to $15.49
Premium plan goes up $2 from $17.99 to $19.99
According to the company’s website, the new prices will immediately apply to new subscribers. Existing subscribers, on the other hand, will see the price hikes gradually take effect.
“Current members will receive an email notification 30 days before their price changes, unless they change their plan,” the streaming service says.
The last time Netflix increased prices in the U.S. was in
Netflix didn’t immediately respond to a request for comment. But in the past, the company has said the price hikes are needed to fund the original
Netflix is also facing growing competition from other