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The popular streaming platform Netflix has announced a price increase for its subscription plans in the United States. The standard plan, which allows for two simultaneous streams and access to HD content, will see a price increase from $13.99 to $15.49 per month. The premium plan, which includes four streams and access to 4K content, will now cost $19.99 per month, up from $17.99. The basic plan, which offers one stream and standard definition content, will remain at $8.99 per month.
This price hike comes as Netflix continues to invest heavily in producing original content to attract and retain subscribers. The company has been facing increased competition from other streaming services like Disney+ and HBO Max, which have also been investing in their own original programming.
Subscribers can expect to see the price change reflected in their monthly bill over the next few weeks. If you’re a Netflix user, now might be a good time to review your subscription plan and see if it still meets your needs. And don’t forget, you can always switch to a different plan or cancel your subscription if you feel the price increase isn’t worth it for you.