Netflix raises its subscription prices
(NBC) - Netflix says it is raising prices on some of its tiers. This after announcing it added 8.76 million users during the last quarter.
Netflix has raised its subscription price again.
The streaming platform increased its premium ad-free plan in by $3 per month, to $22.99.
The one-stream basic plan will increase to $11.99.
All other plans, including the entry-level $6.99-a-month ad-supported tier, will keep the same monthly rate.
Netflix reported a nine percent year-over-year increase in average paid memberships, adding 8.8 million subscribers last quarter.
The company attributes some of that growth to its password-sharing crackdown.
Netflix last raised prices in January 2022.
