Netflix raising prices

Netflix raising prices

Streaming service Netflix announced Tuesday that it would be raising prices across all of its plans by 13 to 18 percent.

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Netflix’s most basic plan will now be $8.99 per month, up from $7.99, while its Standard plan with HD quality, the company’s most popular offering, will increase from $10.99 to $12.99, the company says. Its Premium plan will rise to $15.99 from $13.99.

“We change pricing from time to time as we continue investing in great entertainment and improving the overall Netflix experience for the benefit of our members,” a Netflix spokesperson told CNBC Make It in an email.

Read more of this article on CNBC.

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