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Netflix confirms it is increasing subscription prices, again, after adding 8.8 million customers

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Earlier this month, the Wall Street Journal wrote that Netflix was planning to raise its prices once again. The streamer implemented its last hike in January 2022,.
What just happened? Just because you know something bad is coming doesn’t make its confirmation any less disappointing. Reports that Netflix has been planning another price hike have now been confirmed after the company announced it was raising the cost of some plans in the US, UK, and France.
Earlier this month, the Wall Street Journal wrote that Netflix was planning to raise its prices once again. The streamer implemented its last hike in January 2022, though it did stop offering the Basic $9.99 ad-free plan to new and returning customers in July, meaning the cheapest commercial-free tier for newbies went up to $15.49 per month.
Starting today, Netflix is raising the price of both the Basic and Premium plans in the US, UK, and France. Those members still on the Basic plan will start paying $11.99, marking a $2 increase, while the Premium tier jumps from $19.99 to $22.99. UK subs will now pay £7.99 and £17.99 for Basic and Premium, respectively, while French prices are 10.

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