Netflix are currently planning to raise their prices yet again. According to sources, the company will issue the price hike a ā€œfew monthsā€ after the Hollywood actors strike ends, one year following the last price rise in Australia.

It’s been reported Netflix will raise prices in ā€œseveral markets globally,ā€ beginning in the US and Canada. The amount it will rise is yet to be determined, and the company has yet to comment.

Last year, prices for the streaming platform were raised across all plans, along with the rollout of a minimum ad-supported plan, and the axing of the mid-tier basic ad-free plan.

Australian users currently pay $22.99 for premium, $16.99 for standard, and $6.99 standard with ads.

Earlier this year, the company cracked down on password sharing and began charging extra for users to be able to share their account with someone outside their household.

This latest attempt at raising prices comes as Hollywood inches closer to starting work again. Last week, the Writer’s Guild of America (WGA) ended its strike and is now in talks with Hollywood studio’s.

Now, Netflix, Disney+, and other streaming services will have to share streaming data with the WGA, allowing writers to see how well their content performs.

The contract also grants writers a minimum compensation increase of 18% for high budget films, and a 26% increase in residuals.

The WGA calculated that the cost of their new contract amounted to 0.2% of the annual Netflix revenue.

Hollywood actors, however, are still on strike, meaning productions are still paused. Netflix will likely wait until the end of the strike to raise prices, as doing it with no new content could cause the loss of subscribers.

It’s also been reported that Disney+ could be launching a new live sports tier outside the US, and its latest price hike goes into effect later this month.