Netflix announced that they will be raising their subscription prices from $15.49 a month on the Standard plan to $17.99 per month.
Furthermore, Netflix’s ad-supported tier will cost $7.99 per month, up $1 from $6.99. The price of the Premium tier, with four simultaneous streams, will be $24.99 per month, up $2. The cost of adding an Extra Member to a primary account is increasing from $7.99 to $8.99 per month.
“As we continue to invest in programming and deliver more value for our members, we will occasionally ask our members to pay a little more so that we can re-invest to further improve Netflix,” the company said in its quarterly letter to investors. “To that end, we are adjusting prices today across most plans in the U.S., Canada, Portugal and Argentina (which was already factored into the 2025 guidance we provided in October 2024).”
Netflix previously raised prices in October 2023 with the basic plan going from $9.99 per month to $11.99 with the premium price going from $19.99 to $22.99.
On the earnings call with analysts, co-CEO Greg Peters said, “We believe that our starting price” for Standard With Ads — even after the price increase — “is an incredible entertainment value. And it’s a highly accessible entry point.”
Netflix announced the platform has 301.63 million subscribers globally.
WWE Raw airs live every Monday on Netflix for those in the United States.
