Netflix has announced a price increase in Ireland and in other European countries from today. The move follows a price increase in subscriptions in the USA and UK.

Costs will increase as much as 14.5% but it will not affect those with the basic Netflix package of €7.99 a month. The standard plan, which allows viewers to watch content on two screens at the same time, will go up by €1 to €11.99 a month. Its premium subscription plan, which lets you stream TV shows and movies on four devices simultaneously, is to increase by €2 to €15.99.

A spokeswoman for Netflix said, "We change our prices from time to time to reflect the significant investments we’ve made in new TV shows and films, as well as improvements to our product. Our basic membership will remain at the same price, ensuring as many people as possible can enjoy our content."

This will mark the first price hike for Irish users since 2017, and no doubt will go towards Netflix's ever-increasing original content output as they prepare to go up against Disney's streaming service which will launch later in the year. They will also soon have Apple to contend with, as it will be introducing its own streaming service shortly.