Netflix to hike prices on standard and ad-supported streaming plans

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The word “Netflix” shines brightly at the presentation of the new season (3) of the Netflix series “Bridgerton” in the Flora.
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Netflix is hiking the price of most of its plans in the U.S.

The streaming giant announced on Tuesday that its standard plan without commercials will increase from $15.49 a month to $17.99. Its cheaper, ad-supported plan, which was more recently introduced to attract more subscribers, will increase from $6.99 per month to $7.99.

The company, which reported fourth-quarter earnings on Tuesday, said it will also raise the prices of plans in Canada, Portugal and Argentina.

This is breaking news. Please check back for updates.

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