Netflix plans now cost between $8 and $25 after another subscription price increase

Netflix released its earnings figures for the fourth quarter of 2024. While many of the results appear to be good news for the company’s shareholders, such as operating income exceeding $10 billion and a 16 percent increase in revenue, there is a sting in the tail. its viewers. Subscription prices are going up again, starting today.

“As we continue to invest in programming and bring more value to our members, we will periodically ask our members to pay a small fee to reinvest in developing Netflix,” the company told its shareholder. “To do that, we are adjusting prices today for all programs in the US, Canada, Portugal and Argentina.”

Netflix later confirmed the details of the latest price hike. The Standard plan with ads is increasing from $7 to $8 per month, while the ad-free Standard version will increase from $15 to $18 per month. Monthly prices for Premium, which offers 4K Ultra HD and HDR, will increase from $23 to $25. Adding another member outside of your family to a live streaming plan is also more expensive, ranging from $8 per month to $9 per month.

In 2023, Netflix removed its Basic plan from . That change preceded the most recent one in subscription fees, less than two years ago.