https://www.cnet.com/news/your-netflix-bill-is-going-up-in-the-next-couple-month/

Netflix also will increase the cost of its cheapest plan by a buck to $9 a month from $8, the first increase to that entry-level price in almost 8 years. Its premium tier will rise to $16 a month from $14. 

Netflix has long aggravated financial watchers with its eye-popping budgets despite its persistently low subscription price. Without enough money coming in from members to fund all its investments, the company has been taking on large sums of debt to keep expanding the amount of shows and movies it makes and continue upgrading its product. Indeed, Wall Street was pleased about the rate increase, with Netflix shares rising 6.4 percent to $354.28 in recent trading.