Some Netflix users are about to be hit with a price hike.
The streaming giant will raise the price on their premium subscription plans from $17.99 to $19.99, however those signed up to their basic packages of $9.99 and $13.99 will remain the same.
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Existing users will see the charges come into effect over the coming weeks.
Netflix has released a statement defending the increase.
“We change our prices from time to time and continue to invest heavily to grow in the depth and breadth of our content such as new shows like The Politician, Unbelievable, well-loved series like Stranger Things, The Good Place and The Crown, as well as improvements to our product.
“Our basic and standard memberships will remain at the same price, ensuring as many people as possible can enjoy our content.”
It is believed that Netflix has forked out a whopping $US15 billion and $US17.5 billion on content this year.
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