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Netflix has announced that its subscription prices are increasing for all new members in the United States, with existing members also seeing a hike in fees over the next few weeks.

The Standard plan will now cost $13.99 per month, up from $12.99, while the Premium plan will go up to $17.99 from $15.99. The Basic plan remains at $8.99.

The streaming giant says the price increase is necessary to continue improving the overall Netflix experience by offering better entertainment options and delivering more value to members.

Netflix continuously brings new and original content, including popular shows like “The Queen’s Gambit,” “Bridgerton,” and “Stranger Things.” This price adjustment ensures that members receive high-quality content and service.

Current subscribers will be notified by email and within the Netflix app of the price increase and the new billing terms. The updated pricing will roll out over the next few weeks.

If you’re an existing member, don’t worry; you won’t see an immediate increase in your monthly bill. But keep an eye out for notifications about the change coming your way soon. And remember, with great content comes a slightly higher price tag.