The history of Netflix’s price increases shows that over the last decade, Netflix raised the basic 1 screen plan by $4. Netflix operates on a business model where it has to increase its prices gradually to be profitable in the longer term. Netflix has become expensive because of multiple reasons including the rise in streaming wars, increased actor and writer royalties, and content output. But again, nothing is confirmed at the time of writing. But Netflix hasn’t officially announced it yet.Ĭonsidering that Netflix is already charging the highest subscription price compared to other streaming services, there is a chance for Netflix to delay its next price-raising window. But looking at a pattern that has been formed since October 2017, the service ups its subscription costs at intervals of 5 quarters (if the previous hike was in October) and 7 quarters (if the previous hike was in January).Ĭonsidering that Netflix’s prices were raised in October 2023, the next hike could come in January 2025. Netflix hasn’t announced any price increases for 2024. The following list shows the history of Netflix’s price increases over the years:
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