After accumulating about 19 million members in the last few months of 2024, Netflix plans to increase pricing in several regions.
According to the streaming company, membership fees would go up in the US, Canada, Argentina, and Portugal.
A Netflix representative said that there was “nothing to share right now” when asked if pricing were going to go up in the UK.
The second season of the South Korean drama Squid Game and sporting events like a boxing bout between influencer-turned-fighter Jake Paul and former world heavyweight champion Mike Tyson helped Netflix reveal higher-than-expected membership figures.
Nearly every plan in the US will see price increases, including the basic membership without advertisements, which will now cost $17.99 (£14.60) per month instead of $15.49.