Popular streaming service Netflix has announced it’s hiking up the prices of two of its subscription plans in Australia.
From today, the Standard Plan will increase from $15.99 to $16.99 a month, while the Premium Plan will go from $19.99 to $22.99.
However, Aussie viewers already paying for the basic plan won’t have to worry, with that plan staying at the same price of $10.99 a month after increasing from $9.99 last year.
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A spokesperson from Netflix said the price hike would enable the company to “invest in more shows and films”, giving Aussie viewers more variety.
“We know Australians have never had more choices when it comes to entertainment, and we’re more committed than ever to delivering an experience that exceeds their expectations,” the spokesperson said.
“Members tell us how much they value the breadth and variety of catalogue, and we’re updating our prices so that we can continue to invest in more shows and films.”
“As always, there’ll be different plans so that people can pick a price that works for their budget.”
The price increase will be effective immediately for new users, while existing members will notice the difference on their next bill.