Brace yourselves, cord-cutters. Netflix is going to be pulling a little more from your bank account each month, according to a report from The Verge.
The streaming giant announced price hikes for all three of its service tiers.
Subscriptions for its premium tier will rise to $24.99 per month, while the standard ad-free tier will increase to $17.99 per month.
It’s the first price hikes announced by Netflix since 2023.
And for the first time since its inception in 2022, the company’s cheapest tier will rise in price as well. The ad-supported tier will now cost $7.99 per month.
All increases will take effect during the next billing cycle.