![]() ![]() The pricing increase comes a week before the streaming company is set to announce its fourth quarter earnings.īut the reason behind the company's move is pretty simple: It has been spending billions of dollars on content, and as streaming becomes more integral to the entertainment landscape, growth for companies like Netflix tends to slow and attracting new subscribers gets harder. Netflix's stock rose roughly 2% following the news. The title of the TV series is in the poster is probably set in Akzidenz Grotesk Medium Condensed. It deals with the life of drug kingpin Pablo Escobar, who became a billionaire through the production and distribution of cocaine. As always we offer a range of plans so members can pick a price that works for their budget." Narcos is an American crime drama web television series first aired on Augvia Netflix. "We're updating our prices so that we can continue to offer a wide variety of quality entertainment options. "We understand people have more entertainment choices than ever and we're committed to delivering an even better experience for our members," a Netflix spokesperson said. ![]() Its basic plan was unchanged.Įxplaining its decision, Netflix provided a statement to CNN that was identical to its comment from October 2020, the last time it raised its prices. The premium plan went up $2 to $20.99 Canadian. In Canada, the price for Netflix's standard plan also went up $1.50 to $16.49 Canadian. The basic plan went up $1 to $9.99 and the premium plan increased $2 to $19.99 ![]() In the United States, the subscription price for the standard plan rose $1.50 to $15.49.
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