NETFLIX: Monthly Fee Increase
Your Netflix and Chill date just got a little more expensive. Netflix raised their monthly subscription fees.
The new price goes into effect immediately for new subscribers. Current Netflix members will be alerted in November about the fee increase. The premium plan jumped to $18 per month and the standard plan to $14.
Since the pandemic, 26 million joined Netflix, but they reported fewer new subscribers than anticipated this summer. That could have prompted the streaming company to raise fees. Yet, when they increased fees last year, the saw a spike in cancellations.
(Variety)