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Netflix increases price of streaming service

Netflix is hiking up fees for its streaming services. Netflix’s Standard tier will now be $12.99, a hike of 18% from $10.99. It’s Basic plan will go up to $8.99 from $7.99 per month. The Premium is getting increased to $15.99 from $13.99. Netflix last raised rates in 2017, and reportedly saw a minimal dropoff in subscribers.

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