New year, new price hikes. Netflix revealed it’s jacking up subscription prices in the U.S., Canada, Portugal, and Argentina — including the first increase of its ad-supported plan. Starting today, the cheapest Netflix plan will cost $7.99 per month, while the premium subscription with 4K streaming will set you back $24.99 a month.
Under the new pricing, Netflix’s Standard plan with ads will jump up $1, from $6.99 to $7.99 per month. For the same plan without ads, you’ll now be paying $17.99, up from $15.49. And as for Netflix’s Premium tier, which features 4K streaming and four simultaneous streams, it’ll see a $2 increase, from $22.99 to $24.99 per month. The cost of adding an Extra Member to a primary account is also increasing from $7.99 to $8.99 per month.
The streamer revealed the price increase in its latest earnings report released Tuesday, in which Netflix
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