Netflix Is Increasing Subscription Prices. Here’s How Much Your Plan Will Cost
Netflix has once again increased the monthly price of its subscription plans.
Subscribers in the U.S., Canada, Argentina and Portugal will pay more to watch streaming content with or without ads, the media giant said during its fourth-quarter earnings call on Tuesday. in a Letter to shareholdersthe streamer said it would roll out the price increase today, citing its growing number of shows and investments in service improvements as factors behind the decision. company last Price increase in October 2023.
“As we continue to invest in programming and provide more value to our members, we will occasionally ask members to pay a little more so that we can reinvest to further improve Netflix. To that end, we are adjusting prices for most members today Plans for the United States, Canada, Portugal and Argentina (which were incorporated into the 2025 guidance we provided in October 2024),” the letter reads.
For US subscribers, the ad-based plan now costs $8 per month, the first increase since launching in 2022. Its standard plan increases from $15.50 per month to $18 per month, while the premium subscription goes up to $25 per month, an increase of $2. Its optional additional membership fee remains unchanged at $8 per month. The pricing is effective immediately for new customers, and existing subscribers will see it during their next billing cycle.
It is one of the first major streamers to implement price increases in 2025. Discovery Plus recently announced a price increase, but the move comes after competitors like Peacock and Paramount Plus announced price increases last year, raising their base plans to $8 per month. Following this trend, Disney increased rates for Disney Plus, Hulu, and ESPN Plus in October 2024. However, eligible customers can also seek out bundles to save money on Netflix and other services. Comcast StreamSaver Xfinity subscribers can access Netflix, Peacock and Apple TV Plus for just $15 per month. choose plate and Verizon Customers can also sign up for Netflix bundles.
The streaming service offers TV series, movies, games and live programming, including a deal to broadcast WWE matches in 2025, one example of its multi-pronged expansion into live sports. While viewers with a standard ad-supported subscription can watch live events on the platform, it should be noted that some on-demand content is locked behind a paywall. Customers must upgrade to watch Netflix’s full catalog.
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