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Netflix raises prices for US subscribers; here's how much it will cost now

Updated : January 30, 2019 03:31 PM IST

Prices for its popular standard plan, which allows streaming on two devices at the same time, will rise to $12.99 per month from $10.99, the company said in a statement.
Netflix shares rose 6.5 percent to close at $354.64, adding to their 30 percent rise so far this year.
Netflix has been spending billions to bolster its original content, which boasts award-winning shows such as "The Crown," "Black Mirror" and "Wild Wild Country" to fend off intensifying competition from players such as Amazon.com's Prime Video service and Hulu.
Netflix raises prices for US subscribers; here's how much it will cost now
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