Netflix has to get the billions of dollars it’s spending on new content from somewhere. The streaming giant has announced price hikes across the board, raising its monthly rates between $1 and $2 per tier in the next few months, and angering countless subscribers in the process.
It turns out keeping Friends and constantly developing new original content ain’t cheap.
Netflix announced that it will increase prices across all of its account tiers in the coming months, raising what you, your parents or that ex you haven’t called in a while pay for access to your favorite shows and movies.
Prices will increase between $1 and $2 per account level. The $11-per-month plan will increase to $13, the $14 plan will increase to $16 per month, and the $8 plan will increase to $9 per month.
