Netflix has been a huge point of conversation lately after its acquisition of WWE Monday Night Raw, which has performed exceedingly well on the platform and even taken the top TV streaming spot several weeks in a row now. However, the biggest streaming service in the world is further ramping up its profits and raising prices once more. Netflix has announced that its standard plan with no ads will rise from $15.49 to $17.99 per month, and the ad-tier cost is being raised $1 from $6.99 to $7.99. Additionally, the premium tier Netflix subscription which allows accounts to stream on four screens at once is being raised from $22.99 to $24.99. It will also cost an extra $1 to add a new member to an account; where it was previously $7.99, it is now $8.99.
We’re nearing a point where it is no longer going to be feasible for households to have multiple streaming services if each one is going to cost nearly $20 a month if not more. Bundles have already been made available for those looking to save a few extra dollars, but as the price of standard streaming subscriptions rises, it’s inevitable that the prices of the bundles will too. Netflix has already cracked down hard on password sharing, going as far as to kick people off of an account if they’re not at the home location registered to the account, and while they are the biggest streaming service in the world by the numbers, at a certain point there has to be a limit to how much a streamer can charge before customers decide they’ve had enough.
What’s Popular To Watch on Netflix Right Now?
Back in Action, the Netflix Original action comedy featuring Cameron Diaz‘s return to movies for the first time in 11 years, is the most popular project on the platform at the time of writing, with the first two Despicable Me movies also following closely behind in the #2 and #3 spots. On the TV side of things, XO, Kitty has risen to become the second-most popular show on Netflix since its premiere last week, with the new season of Squid Game also hanging around the top 10 despite premiering nearly a month ago.
Standard Netflix subscriptions are now $17.99 per month thanks to the most recent changes. Stay tuned to Collider for future streaming updates and sign up for a Netflix account below.
