Price Hike Details: Netflix has raised subscription prices in the US, Canada, Argentina, and Portugal due to a surge of nearly 19 million new subscribers in late 2024. The new prices apply instantly to new subscribers, while existing members are given a 30-day notice.
Subscriber Impact: The price hike could impact Netflix's subscriber retention, particularly after a recent crackdown on password sharing. This adjustment reflects Netflix's commitment to reinvest in programming amid unprecedented growth.