Netflix Raising Prices for 58M US Subscribers as Costs Rise

Netflix Raising Prices for 58M US Subscribers as Costs Rise
Andie MacDowell attends the Netflix 2019 Golden Globes After Party on Jan. 6, 2019 in Los Angeles, California. Tommaso Boddi/Getty Images for Netflix
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Netflix is raising its U.S. prices by 13 to 18 percent, its biggest increase since the company launched its video streaming service 12 years ago.

Its most popular plan will see the largest hike, to $13 per month from $11. That option offers high-definition streaming on up to two different internet-connected devices simultaneously. Even at the higher price, that plan is still a few dollars cheaper than HBO, whose streaming service charges $15 per month.