Netflix is hiking subscription prices across all its plans in its first major price increase in more than a year.
The plans were disclosed on Netflix’s help page Thursday.
The ad-supported tier will rise by $1 per month to $8.99, with the standard plan rising by $2 per month to $19.99 and the premium plan also rising by $2 per month to $26.99 per month. The company also raised the cost of its “extra member” fee by $1, to $6.99 for ad-supported plans and $9.99 for ad-free plans.
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Netflix last raised prices early last year, with similar increases. Of course, the platform has been significantly ramping up its content, not only in scripted entertainment, but in live events and sports, not to mention other areas like video podcasts and games. The company says it will spend more than $20 billion in
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