Netflix subscribers will see a noticeable jump in their monthly subscription fees, as the streaming company revels in new viewership. In a letter to shareholders on Tuesday, the company announced it increased prices across most plans in the U.

Netflix announced better-than-expected subscriber numbers, helped by the second series of South Korean drama Squid Game as well as sports including the boxing match between influencer-turned-fighter Jake Paul and former world heavyweight champion Mike Tyson.

Good morning. Netflix posts its biggest ever quarterly subscriber gain. Donald Trump is set to announce a mammoth AI investment. And champagne shipments for 2024 aren’t anything to toast. Listen to the day’s top stories.

Netflix is raising prices, a disclosure made in its fourth-quarter earnings report, which showed live events driving its biggest subscriber gain in history. Why it matters: The streaming giant bet big on its first two NFL games and a boxing match between Mike Tyson and Jake Paul in the fourth quarter — plus a new season of the scripted show "Squid Game.