Netflix Inc. raised the monthly price of its most popular plan for the first time since early 2019, a move that comes as the streaming service competes with a growing number of cheaper alternatives.

Netflix said Thursday its standard streaming plan will now cost $13.99 a month, up from $12.99. Its $8.99-a-month basic plan will remain unchanged, while the cost of its premium plan will rise to $17.99 from $15.99. The changes go into effect for new subscribers immediately, and current subscribers will see their fees go up within…

This post first appeared on wsj.com

You May Also Like

Fed Should Pause Rate Increases After This Week, Former Vice Chair Says

Share Listen (2 min) This post first appeared on wsj.com

U.S. Job Openings Rose in April, Reversing Three Months of Decline

Share Listen (2 min) This post first appeared on wsj.com

Europe’s Economy Cools Down as Interest-Rate Rises Bite

Share Listen (2 min) This post first appeared on wsj.com

Liberal wins at the Supreme Court may prove to be fleeting

WASHINGTON — In several recent rulings, the Supreme Court unexpectedly handed wins…