
Netflix is hiking the price of most of its U.S. plans. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. 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. In addition, the monthly cost of Netflix’s premium plan will increase from $22.99 to $24.
Main Idea: Netflix is raising prices on most of its U.S. streaming plans as it pushes for more profit and growth.
Key Points:
Netflix price hikes will raise monthly bills for many US households, making streaming less affordable.
Netflix says higher prices and ad plans help fund new shows and movies, which could improve service for some viewers.
Rate how each entity in this article affected the American people.
Central company in the article; it announced the price increases, subscriber growth, and password-sharing crackdown.
Netflix co-CEO quoted discussing the company’s pricing changes in international markets.
Netflix co-CEO quoted making the case for the price hike and discussing upcoming content.
Named competitor referenced as part of the broader streaming-price context.
Named competitor referenced in comparison to Netflix’s pricing and ad-supported strategy.
Warner Bros. Discovery’s streaming service mentioned as a competitor in the pricing discussion.
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