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AP

Netflix upping US, Canada prices with competition growing

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Netflix

FILE - This June 24, 2015, file photo, shows the Netflix Apple TV app icon in South Orange, N.J. Netflix is raising prices for its video streaming customers in the U.S. and Canada, less than a year and a half since its last price increase, as competition from other streaming services increases. (AP Photo/Dan Goodman, File)

NEW YORK (AP) — Netflix is raising prices for customers in the U.S. and Canada. The boost comes less than a year and a half since its last price increase, as competition from other streaming services increases.

The Los Gatos, California, company said Friday that prices are going up by $1 to $2, depending on the plan. Price increases are becoming more of a regular feature at Netflix, which is facing saturation in the U.S. market.

It got an influx of global subscribers during the pandemic, but is investing in video games as it looks beyond movies and TV for growth. 

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