Today Netflix, the greatest streaming service based upon customer count, revealed that it will increase membership rates by as much as $2.50 monthly.

In a letter to financiers [PDF]Netflix revealed cost modifications beginning today in the United States, Canada, Argentina, and Portugal.

Individuals who sign up for Netflix’s most affordable ad-free strategy (Standard) will see the greatest boost in regular monthly expenses. The membership will go from $15.49/ month to $17.99/ month, representing a 16.14 percent bump. The membership tier permits commercial-free streaming for as much as 2 gadgets and maxes out at 1080p resolution. It’s Netflix’s most popular membership in the United States, Bloomberg kept in mind.

Netflix’s Premium ad-free tier has actually cost $22.99/ month however is increasing 8.7 percent to $24.99/ month. The most costly Netflix membership supports synchronised streaming for as much as 4 gadgets, downloads on as much as 6 gadgets, 4K resolution, HDR, and spatial audio.

Netflix’s Standard With Ads tier will go up by $1, or 14.3 percent, to $7.99/ month. This tier supports streaming from as much as 2 gadgets and as much as 1080p resolution. In Q4 2024, this membership represented “over 55 percent of sign-ups” in nations where it’s offered and normally grew “nearly 30 percent quarter over quarter,” Netflix stated in its quarterly letter to financiers.

“As we continue to invest in programming and deliver more value for our members, we will occasionally ask our members to pay a little more so that we can re-invest to further improve Netflix,” Netflix’s letter checks out.