On January 15, Netflix announced that they're raising prices for subscriptions to the streaming service. According to a report by CNN, the "price hike" is happening because Netflix is investing heavily in more programs and content.

Dun-dun-dun-dun. So, what does that mean for us? Will we have to pay more to see more of Penn Badgley in You's second season?

We got in touch with Netflix Philippines' PR team and here's what they said:

"The price increase only applies to U.S. and select markets in Latin America and the Caribbean. It's not applicable to the Asia Pacific markets, including the Philippines.YAY. Phew. 

In case you're not a member yet, Netflix currently offers three plans in the Philippines: Basic (P370), Standard (P460) and Premium (P550).

Now we can all let out the breaths we've been holding and happily stare at these photos of Penn and Shay Mitchell with a jeepney:

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With additional reporting by Ysabel Y. Yuzon

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This story originally appeared on Cosmo.ph.

* Minor edits have been made by the Femalenetwork.com editors.

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