January 17, 2019

In its biggest price hike to date, Netflix (NASDAQ: NFLX) is raising subscription rates for more than 58 million U.S. subscribers, reports the Associated Press. Netflix’s three streaming plan options, all of which are ad-free, will go up $2 each per month, effective February 15, 2019. After their one-month free trial, new subscribers will be charged the new rates. Existing customers will see the price increases over the next several months, depending on their billing cycle. The Netflix site already shows the new plan pricing.