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Netflix has made a number of changes in the past five years, eliminating its entry-level plan and adding an ad-supported option. That entry-level basic plan, in 2020, cost just $8.99 per month.
This 2025 price hike follows a record increase in new subscribers for the platform; in the fourth fiscal quarter of 2024, 19 million users subscribed to the streamer, NPR reported.
A standard plan with ads will rise to $7.99 a month from the current $6.99 A standard subscription will increase to $17.99 per month, versus the current $15.49A premium plan will boost to $24.99 ...
Netflix entered the international market when they began offering their streaming service to Canada on September 22, 2010. At the time the subscription cost $7.99 a month, a rate that CEO Reed Hastings called, "the lowest, most aggressive price we've ever had anywhere in the world."
The price increases announced Tuesday will see the standard monthly membership without advertisements increase from $15.49 to $17.99, while a standard account with ads will rise one dollar to $7.99.
It now costs 9% to 16% more to Netflix and Chill. In disclosing its Q4 2024 earnings results Tuesday, the streaming giant announced a series of subscription rate increases, effectively immediately.
"Given Netflix’s low cost per viewed hour, we see scope for the firm to raise US prices by 12% in 2025," Citi analyst Jason Bazinet said in a note to clients ahead of the report.
The cost of adding an Extra Member to a primary account is increasing from $7.99 to $8.99 per month. ... In announcing the Q4 earnings and price increases, Netflix raised its 2025 outlook for ...