Netflix Announces Price Rise For All Of Its Subscriptions

Netflix has announced that it is raising prices for all of its subscriptions.

The streaming platform released a statement, confirming that customers would be paying more every month.

Basic and standard plans are going up by a £1, to £6.99 and £10.99, respectively, while premium tiers will go up by £2, taking it to £15.99.

A spokesperson for the company said: "We have always been focused on providing our members both quality and clear value for their membership. 

"Our updated prices reflect the investment we have made in our service and catalogue, and will allow us to continue making the series, documentaries and films our members love as well as investing in talent and the creative industry.

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"We offer a range of plans so members can choose a price that works best for them."

According to reports, customers in Ireland will see their basic plan increase by one euro and two euros for the standard and premium tiers, respectively.

The rise will be come in immediately for all new members, however, existing members will receive an email 30 days before they come into effect – dependent on their payment cycle.

If you're sticking with the streaming site despite the price hike, you will be able to enjoy one if its latest releases, which is already being called 'film of the year'.

The Adam Project isn't even out yet and fans are already raving about it.

The film stars Ryan Reynolds alongside Marvel stars Zoe Saldaña and Mark Ruffalo, and 13 Going on 30's Jennifer Garner.

Then there’s Shawn Levy in the director’s seat, whose name you’ll recognise as one of the producers on Netflix’s hit series Stranger Things. 

The filmmaker is sticking to his sci-fi expertise with his latest project, which sees Reynolds play Adam, a time-traveller who crashes into the past trying to save the future.

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He then happens to meet his 12-year-old self, played by newcomer Walker Scobell, and sets out to find his late father (Ruffalo) in the hopes of getting back to his own time.

If the trailer is anything to go by, sci-fi fans are sure to be thrilled as the movie looks like an action-packed affair with space crafts, gadgets and Reynolds just generally being hilarious.

Speaking of which, this week the Deadpool star shared a comment on Instagram from someone who saw a screening of the movie.

The fan wrote: "Ask me again in December and I'll still be saying The Adam Project is the best movie of 2022.

"You do not want to miss this."

It lands on Netflix this Friday (11 March), so you will be able to judge for yourselves.