Binging Netflix movies and shows just got more expensive.
The streaming giant has raised the price of its standard and premium plans to $13.99 (5,323) and $17.99 (6,845) to a month, respectively, for new subscribers.
Its basic plan stays unchanged at $8.99 (3,400) a month. Current users will see the new fees over the next few weeks. Netflix last increased fees in January 2019, and the latest jump comes as streaming competition increases and subscription growth slowed following a pandemic boom earlier this year.
Netflix says the increase will allow it to invest more heavily in the quality and quantity of its content.
Netflix To Increase Premium Plan To N6800/Monthly
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