Netflix slated to raise prices as company reports its biggest-ever subscriber jump

West Virginia (CNN) – Netflix announced it’s raising prices on most of its subscription tiers in the U.S. and Canada. 

This comes as the streaming giant reports 19 million new subscribers in the last quarter of 2024. 

It’s Netflix’s biggest-ever jump in subscribers, and puts the company at 302 million worldwide, solidifying its hold on the top spot in the industry. 

Netflix also reported revenue increased 16 percent from the same quarter the previous year, exceeding 10 billion dollars for the first time in the company’s history. 

Meanwhile, operating income totaled two-point-three billion dollars, an increase of more than 50 percent from the year before. 

The monthly membership without ads will increase to $17.99, while a standard account with ads will rise to $7.99.
The highest-priced premium tier, which includes 4K video quality, will jump to $24.99.
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