Your relaxing movie night is about to get a little more expensive. If you feel like you just started paying more for Netflix, you aren’t imagining things—it’s happening again.
The streaming giant just updated its website with some news that might hurt your wallet. For the second time in about a year, the price of every single plan is going up. Whether you watch with ads or enjoy the top-tier 4K experience, you’ll be seeing a higher charge on your next bill.
What Are the New Prices?
The changes are happening across the board. Here is the breakdown of what you will be paying starting now:
- Standard with Ads: Moving from $7.99 to $8.99/month.
- Standard (No Ads): Moving from $17.99 to $19.99/month.
- Premium (4K + 4 Devices): Moving from $24.99 to $26.99/month.
If you share your account with someone outside your home, that’s getting pricier too. Adding an extra member will now cost up to $9.99 depending on your plan.
Why Is This Happening?
You might be wondering why a company with over 325 million users needs more of your hard-earned cash. Netflix says they are doing this to “reinvest” in better shows and movies. They are also moving into new areas like live sports and video podcasts to keep you hooked.
Interestingly, this move comes right after Netflix walked away from a massive deal to buy Warner Bros. Instead of buying another company, they walked away with a $2.8 billion “breakup fee” in their pocket. Even with that extra cash, they are still asking subscribers to chip in more.
When Will You See the Change?
If you are signing up for the first time today, these prices are already live. If you are an existing member, keep a close eye on your inbox. Netflix will send you an email at least 30 days before the new price hits your credit card.
The big question remains: Is your favorite show worth the extra $24 a year? As streaming costs continue to climb, many fans are starting to wonder where the limit actually is.
But wait until you see what Netflix has planned next for your “extra member” settings…
