The streaming service will be raising rates for all customers, no matter what plan they are on. The cheapest Netflix plan will now cost $9.
Here's how the increased pricing breakdown works for all customers: - If you currently pay $8/month for the basic plan, that will now cost you $9/month - Have the HD standard plan? That will now hit your wallet with a $13 cost. It was $11 before - The 4K premium plan will now cost $16, which is up from $14 The rise in monthly costs can be attributed to the overhead Netflix is taking on by producing more original content to keep competition like Amazon and Disney in the rear view mirror. The price increase is effective immediately and current customers will see their monthly bills go up over the next three months. This will be the fourth time that Netflix has raised their rates.