The streaming giant - which gained 18.9 million new customers in the last three months of 2024 - is upping the cost of its monthly subscriptions in the United States, Canada, Portugal and Argentina.

In America, the cheapest option, which means you have to watch adverts in between viewing, will rise to $7.99, a standard plan without ads will increase to $17.99 and the premium plan will cost $22.99.

At the end of the 2024, Netflix had 300 million subscribers.

Netflix's co-CEO Ted Sarandos insists their offerings are worthy of the prices.

He said at a conference: "When you're going to ask for a price increase, you better make sure you have the goods and the engagement to back it up."

Meanwhile, Meghan, Duchess of Sussex, has delayed her new Netflix series amid the Los Angeles wildfires.

The 43-year-old former actress' new programme 'With Love, Meghan' had been due to hit screens on 15 January, but at her request, the streaming service will now hold back the lifestyle show until 4 March.

She said in a statement: “I’m thankful to my partners at Netflix for supporting me in delaying the launch, as we focus on the needs of those impacted by the wildfires in my home state of California."

Netflix's partner site, Tudum, noted: "At the request of Meghan, Duchess of Sussex, and with the full support of Netflix, the release of the show — a heartfelt tribute to the beauty of Southern California — has been moved from its previously announced January premiere date to March 4, due to the ongoing devastation caused by the Los Angeles wildfires."