Netflix announced price hikes on two of its plans today. As the company relayed its quarterly earnings, tit said it’s increasing rates for its Basic and Premium plans. The Basic plan, which Netflix killed earlier this year, moves from $10 to $11.99 for grandfathered customers, while Premium rises from $20 to $23.
Netflix said its ad-supported and standard plans will remain the same at $7 and $15.49, respectively.
This is a developing story. Please check back for updates.This article originally appeared on Engadget at https://www.engadget.com/netflix-jacks-price-of-its-premium-plan-up-to-23-a-month-201116571.html?src=rss
