Netflix to raise prices in US and Canada

Netflix is ​​raising prices for its streaming service in the US and Canada, and the company will raise the cost of its monthly subscription from $1 to $2 per month.

The standard Netflix plan, which allows you to have two streams at the same time, increases from $13.99 per month to $15.49 per month in the US. This also increases in Canada from 14.99 CAD to 16:49 CAD.

Netflix is ​​also increasing the cost of their premium streaming plan, it hasn’t gone up to $19.99 per month, and their single stream plan has gone from $8.99 per month to $9.99. Netflix recently made a statement to Reuters, which you can see below.

“We understand that people have more options for entertainment than ever, and we are committed to providing our subscribers with an even better experience,” said a Netflix spokesperson.

“We are updating our prices to continue to offer a wide range of quality entertainment. As always, we offer a range of plans so members can choose a price that suits their budget,” the spokesperson added.

For now, this Netflix price increase is only in the US and Canada, with no details yet on when we might see some price increases in other countries as well. As soon as we receive more information about this, we will let you know.

Reuters source

Headings: Technology news, Main news

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