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Netflix plans another price hike

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According to the Wall Street Journal, Netflix will increase prices in “multiple markets around the world,” starting with the United States and Canada, Netflix declined to comment.

Netflix will reportedly announce the price hike “within a few months” of the end of the Hollywood actors’ strike, which means it could be announced in the next few weeks.

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It’s worth noting that Netflix already had an across-the-board price hike last year, with ad-free subscriptions going up to at least $15.49 per month, and Premium subscriptions going up to $19.99 per month (currently around RMB 146).

In addition, the company also introduced a $6.99 per month package with ads and also canceled the $9.99 per month basic ad-free package.

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