Netflix is raising the price of its premium subscription fee from $17.99 to $19.99 from today.
The premium plan offers subscribers 4k streaming on available titles as well as four simultaneous streams. Less than a third of Australian Netflix subscribers are believed to be on that top tier.
There is no change to basic and standard prices.
“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.”