Netflix raises prices for every subscription tier by up to 12.5 percent

Here’s something that might make your wallet groan — Netflix just hiked its prices across the board. So, if you're on the basic ad-supported plan, you'll now pay $9 a month instead of $8. The standard, ad-free option moved from $18 to $20, and the top-tier Premium plan climbed from $25 to $27, according to Scharon Harding writing in Technology. Now, here’s where it gets interesting — Netflix isn’t just charging more; they’re adding more value, too, like supporting four devices simultaneously and 4K with spatial audio for the Premium tier. But what does this actually mean for you? Well, compared to Disney+ starting at $12 with ads and $19 without, Netflix’s latest hikes might push some to reconsider their streaming choices. As Harding points out, this isn’t about a huge acquisition or mega-deal anymore — just steady price bumps. And get this — these increases might make you think twice about your subscription habits in the months ahead.