While the streaming giant has updated its website with the new prices, many existing users haven't received any communication about the hike yet.

People all across the country have been cancelling streaming services to save money as prices continue to go up.

At its Upfront presentation, Netflix revealed its ad-supported tier is quickly growing, with a 14% jump in the past year. Netflix was late to the ad-supported side of the subscription streaming world,

When Netflix diversified its subscription formats in 2022, adding cheaper, ad-supported options, some observers described it as the streaming powerhouse scrambling to stanch a flood of departures as budget-conscious customers cut spending.

Furious Netflix subscribers have vowed to cancel their memberships following the streaming service's decision to discontinue its ad-free basic tier.