00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Netflix is raising prices across all streaming plans, with monthly rates increasing by at
00:07least $1 as it expands spending on original programming and live events, according to
00:12Benzinga. The ad-supported plan rises to $8.99, the standard plan to $19.99, and the premium
00:20tier to $26.99. Extra member fees increase to $6.99 for ad-supported plans and $9.99
00:29for ad-free accounts. Netflix said the changes reflect its growing content slate and new
00:35ventures, including live shows and video podcasts. The company plans to spend $20 billion on programming
00:41this year, up by $2 billion from 2025. Other major streamers are also raising prices to offset higher
00:48content costs and improve profitability. Shares were up by 0.99% at $93.19 in Friday's pre-market
00:56trading, according to data from Benzinga Pro. For all things money, visit Benzinga.com.
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