New year, same streaming headaches: Netflix raises prices by up to 16 percent
In Q4 2024, Netflix gained more subscribers than it ever has in a single quarter, buoyed by live sporting events and a new season of one of its most popular series, Squid Game. The streaming platform added 18.91 million subscribers for a total of 301.63 million. Netflix has said it will not report quarterly subscriber numbers in future reports.
Netflix is raising its monthly price. How much will the streaming service now cost?
The company's cheaper plan, which comes with ads, will increase from $6.99 per month to $7.99 per month, Netflix said. It's Premium plan, Netflix says, will increase from $22.99 to $24.99. The company, which reported fourth-quarter earnings on Tuesday, said it will also raise prices in Canada, Portugal and Argentina, CNBC reported.
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