It has been speculated over the past month that video streaming service Netflix was set to raise their prices. Netflix officially announced on Wednesday that they have, indeed, decided to raise the subscription price for their services which affects the United States and 40 Latin American countries.

The price of Netflix’s most popular plan was raised from $11 to $13 per month while their highest-tier plan went from $14 to $16 per month. The basic plan was only raised by one dollar, going from $8 to $9 per month. The basic plan does not allow for HD streaming while the $13/mo. plan does. Their highest plan offers 4K streaming on up to 4 devices.

The new pricing will slowly roll out for existing subscribers over the next three months; however, those new prices are effective immediately for any and all new subscribers.

About The Author

Josh Piedra

Josh (or J.J. as some have come to call him), is a long-time geek culture enthusiast with a deep passion for anime, manga and Japanese culture.Josh also has a Bachelor of Arts in Game Design and is a creative writer who has created original content for over 20 years! He is also the author of the original English light novel Final Hope.