Netflix will raise its prices up to 18% in the United States


Netflix will raise its prices up to 18% in the United States

Netflix, the video streaming service is about to raise its prices.

Customers can expect an increase of one or two dollars, depending on the plan they choose. The cheapest basic plans will go from $ 8 to $9; its most popular HD standard plan, which includes high definition streaming and multiple devices, will cost from $11 to $13; and its 4K premium plan of $14 will cost $16, which makes it even more expensive than HBO Now.

According to CNBC the changes will affect current subscribers within the next three months, while new subscribers will suffer the increase immediately.

Netflix ‘flexing its pricing muscles’ with price hike, says analyst from CNBC.