Netflix hikes US prices on its most popular plan by a dollar

Netflix’s US prices are going up. Starting Thursday, new subscribers must pay $1 more, or $14 a month, for a standard subscription, Netflix’s most popular plan. A premium subscription — which unlocks perks like 4K resolution, HDR image quality and the ability to stream on more devices at the same time — cost $2 more at $18 a month.

Netflix’s basic subscription, which streams at DVD-quality 480p and limits simultaneous streams to just a single device, remains $9 a month.

Current subscribers won’t see their bills go up immediately, but the respite won’t last long.

People who already subscribe to Netflix will get email and app notifications about the price change, followed by an increase to their monthly bill in the coming weeks. Anyone who didn’t previously subscribe to Netflix and signs up now must pay the higher rates.

The price bump, though likely unwelcome for Netflix lovers, was expected

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Netflix hikes prices for its standard and premium plans

In a move that was widely anticipated, Netflix announced Wednesday that it’s raising the price of its standard and premium subscription tiers in the U.S., its first such price hike in nearly two years.

The Verge is reporting that Netflix’s standard plan, which offers two simultaneous 1080p-quality video streams, will now cost $14 a month, a $1 price hike. Meanwhile, the streaming giant’s premium plan, which allows for up to four 4K streams, is now $18 a month, up from $16. The least expensive “basic” plan is still set at $9.

The price increase arrives just a couple of weeks after Netflix nixed its free 30-day trial offer, and it also comes on the heels of recent Netflix price hikes in Canada.

It’s not yet clear how the new prices will affect existing Netflix subscribers. According to The Verge’s report, the Netflix price hike will be effective immediately for new

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