Netflix price just increased: Yes, you’re paying more ASAP

Netflix just announced its plan to raise the price of its most popular price plan right in the face of the biggest expansion of competition it’s ever faced. New streaming services are coming from Disney, WarnerMedia, and NBCUniversal in the near future – but it would appear that Netflix won’t be backing down. What’s Netflix going to do with all that cash? Why, buy more shows and movies, of course.As we heard this past October, Netflix isn’t afraid to take a pay raise. “Our job is to focus on, invest in providing our members incredible experiences, more great content, and great product experiences,” said Chief Product Officer Greg Peters. “When we do that and we do it well, we earn the right to increase price a bit.”Those users with the following Netflix subscription plans will find price increases accordingly. The higher the price, the higher the price increase – you’re already spending this might, right? Might as well spend a little more. Or so we’re being… sort of told.