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Streaming giant Netflix announced that they will be increasing their subscription prices for all plans. The basic plan, which allows for one screen to stream at a time, will go from $8.99 to $9.99 per month. The standard plan, which includes two screens, will increase from $12.99 to $15.49 per month. Finally, the premium plan, with four screens and ultra HD content, will rise from $15.99 to $18.99 per month. These price changes will take effect immediately for new subscribers, while existing customers will see the increase on their next billing cycle. Netflix defended the price hike by stating that it will help fund their continued investment in content creation and improvement of the overall streaming experience. The last subscription price increase for Netflix was in January 2019. Remember, you can always review and adjust your subscription plan based on your viewing habits and budget.