Netflix Set To Raise U.S. Subscriber Prices

Netflix has announced plans to raise prices on all of its streaming plans, a movie that will impact all 58 million subscribers stateside.

According to the Associated Press, the basic plan jumps from $8 to $9, the most popular plan will jump from $11 a month to $13, and the premium plan with 4K will jump from $14 to $16.

The price hike is set to go into effect for U.S. customers over the next three months and will also affect customers in Latin American countries that bill in U.S. currency. The company last increased prices in over a year ago.

Source: The Associated Press