economy
Netflix raises prices across all streaming plans
The price hike comes as Netflix has been investing heavily in its content, including new ventures into the live events space and launching video podcasts.
TL;DR
- Netflix subscription prices have increased for all tiers.
- The ad-supported plan is now $8.99/month (up from $7.99).
- The standard plan is now $19.99/month (up from $17.99).
- The premium plan is now $26.99/month (up from $24.99).
- Extra member pricing has also increased.
- The price hike coincides with Netflix's heavy investment in content, live events, and video podcasts.
- Netflix expects to spend $20 billion on content in 2026.
- The company anticipates revenue growth due to increased membership, pricing, and doubled ad revenue.
- Most major streamers have raised prices recently to achieve profitability.