Netflix is once again raising subscription prices. The company confirmed this as part of its latest earnings briefing where it also divulged that subscriber numbers are surging.
Effective immediately, the price for the basic plan is going up from $10/month to $12/month. The basic plan is Netflix’s cheapest option without ads, and it’s also no longer available to new subscribers. Anyone already on the plan will have to pay the higher rate going forward.
The premium plan, meanwhile, is increasing in price from $20/month to $23/month. This plan includes the highest possible resolution for streaming and simultaneous streaming on up to six devices at the same time.