On Tuesday, Netflix said it's raising the prices for nearly every one of its streaming subscription tiers in the US and Canada. The following Netflix subscription plans that are increasing in price:
And this is all despite Netflix having a record year in 2024, including adding 19 million new subscribers in the fourth quarter (the most ever in a quarter) and having what it called "the most-streamed sporting event ever" with the Jake Paul versus Mike Tyson fight. You'd think that with Netflix doing so well, it wouldn't need to resort to price hikes, but here we are.
And where I am, personally, is that I don't feeling like paying even more for my Netflix account. I did enjoy watching season 2 of Squid Game, but not enough to continuously pay more for my subscription year after year, not to mention paying for all my other streaming subscriptions like Apple Music, Hulu, Max and so on.
If you don't want to pay more for your Netflix subscription this year, you might want to cancel your plan. Here's how.