Get Ready To Pay More For Netflix Again

netflix on TV

Streaming Netflix for 2025 just got more expensive thanks to another round of Netflix price hikes. The streaming giant announced your favorite shows and movies are going to cost more because they now have more subscribers.

More Demand Leads to Netflix Price Hike

It’s been just over a year since Netflix last raised prices, which understandably angered many customers. Of course, many are already frustrated over the crackdown on password sharing, leading customers to pause subscriptions after binging the latest release of their favorite shows.

But now, Netflix is citing a surge in subscribers, up by 19 million over the 2024 holiday season, for the latest price increase. One would think more subscribers would mean the company had more profits, but those profits are being used to add more live sports, like the Mike Tyson and Logan Paul fight and more WWE.

Between subscribers joining to watch the new live sports offerings and the latest season of Squid Game, Netflix is optimistic they’ll see even more growth through 2025. To keep adding even more content and improvements to both the HD and 4K streaming, they need more revenue.

Netflix with Squid Game loaded.
Image source: Unsplash

So, get ready to pay more for your favorites. The newest prices are:

  • Standard with ads goes from $6.99 to $7.99
  • Standard without ads jumps from $15.49 to $17.99
  • Premium goes from $22.99 to $24.99

And, if you’re buying extra users to share your password, that’ll now cost you $8.99 per member, though it’ll remain at $6.99 per extra user for the ad-supported plan.

Following the Price Hike Trend

I’m not happy about the Netflix price hike anymore than you are, but rising streaming prices are becoming the norm. Just like with cable and satellite, costs increase regularly based on deals made with various studios and networks, along with production costs increasing.

Just a month ago, YouTube TV raised its plan by $10 per month. Disney+ plans recently increased as well. Overall, Netflix’s increase is on par with other streaming services, raising rates by anywhere from $1-$2 per month on each plan.

A hand holding a dollar bill.
Image source: Unsplash

Of course, Netflix and Amazon Prime Video are also counting on many subscribers switching to ad-supported plans, which give streaming companies an additional source of income. Admittedly, Prime’s additional fee for an ad-free experience is a bit cheaper than Netflix’s. However, offering subscribers a lower priced tier with limited ads lets Netflix, Prime, and other streamers keep access while still making millions in ad revenue.

While Netflix has grown during the last quarter of 2024, raising rates could lead to more subscribers hitting pause and only jumping back on as a new season, movie, or sporting event drops. That is the one benefit of streaming over cable – no contracts. So, you can always save money by pausing subscriptions when you’re not using them, limiting the impact of the latest Netflix price hike.

Image credit: Unsplash

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