Netflix hikes price of basic, standard & 4K subscriptions plans

Netflix is increasing the price of its subscription plans in the United States, including basic, standard, and 4K premium plans.

Published Jan 14, 2022 2:58 PM CST   |   Updated Thu, Feb 10 2022 3:03 AM CST
0 minutes & 34 seconds read time

Netflix has raised the price of its standard and premium subscription plans in the United States.

Netflix hikes price of basic, standard & 4K subscriptions plans 636 | TweakTown.com

On the heels of a record Netflix's record-breaking $22 billion 9-month revenues, the streaming giant is raising prices in an effort to generate more earnings. The company's standard plan is increasing by $1 to $15.49 monthly, and the higher-end premium 4K-ready plan now costs $19.99, a $2 increase over the previous price.

Netflix hikes price of basic, standard & 4K subscriptions plans 535 | TweakTown.com

Netflix's basic option, which allows for one viewer at a time with 480p resolution streams, has risen to $9.99 a month.

Netflix hikes price of basic, standard & 4K subscriptions plans 664 | TweakTown.com

The company recently hit an all-time high of 213 million paid subscribers as of Q3 2021 and is the top dog in the streaming wars, beating out competitors like Disney+, Paramount Plus, HBO Max, Peacock, and Hulu.

Executives and management have forecast FY2021 earnings to hit $29.67 billion.

Netflix will report its latest Q4 earnings on January 22.

Netflix hikes price of basic, standard & 4K subscriptions plans 663 | TweakTown.com
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Derek joined the TweakTown team in 2015 and has since reviewed and played 1000s of hours of new games. Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

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