Netflix subscription price in U.S. has been increased from $8.99 to $9.99/monthly for the basic plan, that allows for one stream on one screen at a time and does not have HD streaming.
The standard plan which permit streaming on two screens concurrently will now be charged $15.49 a month, up from $13.99. While the premium package that allow for simultaneous streaming on four screens at a time and adds 4K playback, is increasing from $17.99/monthly in the US to $19.99.
In Canada, Netflix is increasing its Standard plan from $14.99 CAD to $16.4 CAD monthly. While the premium plan is jumping from $18.99 CAD to $20.99 CAD. The price hikes are the first since October 2020.
And according to Netflix’s spokesperson in a statement to Reuters, “We understand people have more entertainment choices than ever and we’re committed to delivering an even better experience for our members. We’re updating our prices so that we can continue to offer a wide variety of quality entertainment options. As always we offer a range of plans so members can pick a price that works for their budget.”
For now the price increment is for subscribers based in the United States and Canada only. Prices in other countries will remain the same.