KGUN 9 On Your SideNewsNational News

Actions

Netflix raising prices for its standard, premium plans

Netflix raising prices for its standard, premium plans
Posted at 1:51 PM, Oct 29, 2020
and last updated 2020-10-29 16:51:56-04

Streaming media company Netflix is raising its standard and premium plans for its US subscribers.

According to Netflix, which announced the news on Thursday, the standard plan is now $13.99 a month, jumping up a $1 from last year when it was $12.99 a month.

The premium jumped up by $2 and will now cost $17.99 a month.

The company's basic plan will stay at $8.99 a month.

Current subscribers will see their monthly bill increase in the coming weeks, USA Today reported.

According to CNN, Netflix's stock increased 5% following the news.