Prepare to pay more to stream Netflix.
The streaming giant has revealed that it will increase the prices of packages in the United States and Canada. Its basic plan starts at $9.99, down from $8.99 previously.
The popular Standard plan, which supports high-definition content and lets users watch separately on two screens, is dropping from $13.99 to $15.49.
The Premium plan, which offers Ultra HD and supports up to four screens simultaneously, will drop from $17.99 per month to $19.99 per month.
In a statement to USA TODAY, Netflix said it was raising prices “so we can continue to offer a wide variety of quality entertainment options.”
“We understand that people have more entertainment choices than ever before and we are committed to providing an even better experience for our members,” Netflix said in its statement.
The price increase will take effect immediately for new customers. Existing members will see the price change over the next few weeks. Members will be notified by email and through the app 30 days before price changes take effect on their account, Netflix said.
Netflix last raised prices in 2020 as millions of users flocked to streaming services while confined to their homes due to the COVID-19 pandemic.
This story is developing.
Follow Brett Molina on Twitter: @brettmolina23.