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Netflix Raises Prices in First Major Hike Since 2023

Netflix is raising its prices once more. 

The streaming giant is upping the cost of its standard ad-supported tier to $7.99 a month in the U.S., up from $6.99 and the cost of the premium tier is increasing by $2, to $24.99. The standard plan is increasing to $17.99 from $15.49. 

The cost of adding an extra member on a plan without ads is increasing to $8.99 from $7.99. 

Price changes are taking place across most plans in the U.S., Canada, Portugal and Argentina. They kick in Tuesday for new customers and start with the next billing cycle for existing customers.

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This is the first price hike on the ad-supported tier. The last major U.S. price hike took place in October 2023, when Netflix raised the price of the standard plan to $11.99 from $9.99 to per month

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