Netflix jacks up the price of its premium plan to $23 a month

Netflix announced price hikes on two of its plans today. As the company relayed its quarterly earnings, tit said it's increasing rates for its Basic and Premium plans. The Basic plan, which Netflix killed earlier this year, moves from $10 to $12 for grandfathered customers, while Premium rises from $20 to $23. Netflix said its ad-supported and Standard plans will remain the same at $7 and $15.49, respectively. Before Wednesday's news, the company last raised prices in early 2022. "While we mostl...