Netflix announced price hikes yesterday. The Premium plan is jumping from $20 to $23, and the Basic plan is going from $10 to $12.
Netflix recently KILLED the Basic plan . . . but people who already have it are allowed to keep it. They just have to pay another two bucks a month.
The ad-supported and Standard plans will remain the same, at $7 and $15.49 respectively.
Obviously, Netflix thinks the price hikes will be worth it. Quote, "As we deliver more value to our members, we occasionally ask them to pay a bit more."
They're not the only ones raising their prices. Disney+, Hulu, Max, Xbox Game Pass, PlayStation Plus, Spotify, YouTube Premium, and Apple Music have all done it in the last year as well.