Taiwan-based Netflix subscribers will see an increase in their monthly subscription fees, according to an update announced by the streaming service. The price adjustments will affect three plans offered by Netflix:
The base plan will increase from $270 to $290, representing a rise of $20.
The standard plan will rise from $330 to $380, an increase of $50.
The premium plan will experience the largest price hike, from $390 to $460, which is an increase of $70 or 18%.
The price increases will be in New Taiwan Dollars and will take effect immediately.
The move has been met with some consumer backlash, with some subscribers expressing frustration at the price hikes.
Sources: [applicable sources]