All of the streaming service's subscription tiers will be hit with the increaseOUT OF STREAMOUT OF STREAM Major Netflix rival reveals price hike for EVERY plan & biggest rise sees you paying extra £20 a year – read full listA MAJOR Netflix rival has revealed a price hike set to hit every plan with the biggest increases reaching £20 a year. The streaming service's price rises hit every subscription tier and came into effect yesterday. All tiers of the streaming service's subscriptions are going up with the premium monthly subscription hitting almost £15. That's a huge increase on the £59.99 that the annual premium plan cost when the platform launched in 2020. No longer budget friendlyThe increases mark a departure from the streaming service's budget friendly roots.