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Open up those wallets, Netflix is raising prices for US subscribers

You’ll pay it and you’ll like it.

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Image: Unsplash

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If you subscribe to Netflix in the US, prepare to pay more for your precious Netflix account.

Announced today, this will mark the biggest and broadest increase in Netflix prices since the streaming portion of its service launched in 2007. The announcement also raised the company’s stock over 6% since the early morning.

New Netflix pricing in January 2019

Regardless of your plan, expect it to raise within your next few billing cycles.

If you have the cheapest, single-device plan, your fee will go up from $7.99 to $8.99 per month. For those with the two-device, HD streams, your price will go from $10.99 to $12.99. If you have the ultra-HD stream package, your price will go from $13.99 to $15.99.

After raising prices twice somewhat recently and looking for additional reasons to continue to raise them, this news honestly doesn’t come as much of a surprise.

Areas that will see the price increases

These new rates are for US subscribers, so if you have a Netflix account that you pay for with the US dollar, your price will be going up.

This is an important note, because some countries (approximately 40) in Latin America, as well as Caribbean markets, use the US dollar in regards to Netflix payments.

Gotta pay for all of those big-budget Netflix Originals somehow, I suppose. ¯\_(ツ)_/¯

What do you think of the price hikes? Expected or will you cancel your subscription? Let us know down below in the comments or carry the discussion over to our Twitter or Facebook.

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Former KnowTechie editor.

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