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Netflix has just announced a price increase for all of its plans in the United States. Starting next month, subscribers can expect to pay $1 to $2 more per month, depending on the plan they currently have. This means that the Basic plan will now cost $9.99, the Standard plan $15.49, and the Premium plan $19.99.

The streaming giant cited rising costs of production and services as the reason for the price hike. With increased competition in the streaming market, Netflix is looking to invest more in content to keep up with viewer demand. This move follows similar price increases in other countries, such as Canada and the UK.

While some subscribers may be disappointed by the news, Netflix remains a popular choice for many viewers, offering a wide range of original content, including hit shows like “Stranger Things” and “The Crown.” The platform also boasts a vast library of movies and TV shows, making it a go-to option for entertainment seekers.

Despite the price increase, Netflix remains a top player in the streaming industry, with millions of subscribers worldwide. For those who are willing to pay a little extra for quality content, the additional cost may be worth it to continue enjoying their favorite shows and movies on the platform.