Netflix is raising the prices of its standard and premium plans. Its standard plan, previously $13 a month, is now $14, while the premium plan has been raised from $16 to $18 a month. The price of the basic service is unchanged at $9 a month.
The latest increases were not unexpected. The company raised prices in Canada earlier this month, and analysts have been predicting for several months now that new increases were on the way. Netflix also recently ditched its long-running free trial period in the US.
The streaming service’s last price hike was in 2019.
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