Netflix Raises Subscription Prices in the U.S., 40 Latin American Countries
posted on by Rafael Antonio Pineda
Netflix announced on Wednesday that it has raised the price of its subscription plans in the United States, as well as in 40 Latin American countries. The service's most popular plan, which allows users to stream in HD, raised its price from US$11 to US$13 per month. The service's most expensive plan, which allows users to stream in 4K on up to four separate devices, increased from US$14 to US$16 per month. The basic plan, which does not allow HD streams, increased from US$8 to US$9 per month.
The new prices will roll out to existing subscribers over the next three months, but has already taken effect for new subscribers.
The price increase is the first time the service has increased prices for all of its subscription plans (it had previously not raised the price of its US$8 basic subscription). The service last increased subscription prices in the United States in 2017.
Source: Associated Press (Michael Liedtke)