Netflix Canada has announced what's coming and new on the streaming service in February 2025. This is besides the price increase that happened yesterday. For Netflix Games, Carmen San Diego is now available.
For customers with the standard plan that includes ads, the cost is going up by $2 to $7.99 per month. Customers using a standard plan without ads will pay another $2.50 per month, or $18.99. Those with the premium plan will see an extra $3 added to their monthly bills, totalling $23.99 per month.
Netflix announced Tuesday it will raise prices on most of its subscription tiers in the US and Canada after the streaming giant reported 19 million new subscribers in the last quarter of 2024.
The last Netflix price increase in Canada was in January 2022. Last year, it axed its cheapest ad-free plan, the $9.99/month Basic tier.
Netflix is increasing prices for most of its plans in Canada, according to its latest Q4 shareholder letter from today. The streaming service saw revenue up 16% year-over-year to $10.2 billion US, while it now has 301.
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Flexing its pricing power, the company is rolling out price increases on several of its plans and in a handful of markets.
We enter 2025 with strong momentum,” Netflix said in its note to investors, saying it added a record 41 million subscribers in 2024 and re-accelerated growth.
Netflix has announced price hikes across its subscription plans in both the United States and Canada, sparking reactions from subscribers. The increase reflects the company’s ongoing efforts to fund programming investments and sustain its dominant position in the streaming industry.
Netflix revealed it has now reached 301.63 million subscribers globally when it reported its fourth-quarter 2024 earnings Tuesday.
The company raised subscription prices across most plans in the U.S. and several other markets. It added 19 million subscribers in the fourth quarter of last year.