Netflix to hike prices on standard and ad-supported streaming plans

Netflix is hiking the price of most of its plans in the U.S.

The streaming giant announced on Tuesday that its standard plan without commercials will increase from $15.49 a month to $17.99. Its cheaper, ad-supported plan, which was more recently introduced to attract more subscribers, will increase from $6.99 per month to $7.99.

The company, which reported fourth-quarter earnings on Tuesday, said it will also raise the prices of plans in Canada, Portugal and Argentina.

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