The price of a Netflix subscription is going up again.The price hike is not limited to one specific type of plan, either. The amount of the increase depends on the size of your plan. If you pay for the ad-supported tier (i.e. the least expensive option to stream Netflix) that is going up; from $6.99 to $7.99. If you pay for the standard tier with no ads, thats going up too, from $15.49 to $17.99. And if you pay for the premium tier youll now pay $24.99, instead of $22.99 a month. (Besides the ads, the prices determine how many simultaneous streams you have watch across multiple devices, as well as the level of HD quality video you can watch on those streams.)This is Netflixs first major price increase since the fall of 2023. Its also the first time they are raising prices on their ad-supported tier since it was introduced a few years ago.Netflix announced the price increase in their new earnings report, writing in part...As we continue to invest in programming and deliver more value for our members, we will occasionally ask our members to pay a little more so that we can re-invest to further improve Netflix.Back In ActionNetflixloading...READ MORE: We TriedSquid GameBeef JerkyNetflix just experienced one of its biggest quarters ever in terms of subscriber growth. They announcedthey had added almost 19 million subscribers in the last quarter. The company now boasts more than 301 million users worldwide.Popular recent Netflix shows includeSquid Game,Cobra Kai, andBridgerton. (And dont forgetStranger Things, which is set to finally debut its last season later this year.)The service also recently began broadcasting weekly episodes of WWEsMonday Night Rawworldwide.Get our free mobile appThe Best Netflix Movies of 2024These are the Netflix movies worth putting on your end-of-the-year watchlist.Gallery Credit: Emma Stefansky