Netflix to Raise Subscription Prices Next Month

Netflix is expected to raise their subscription price around $1-2 for all of their subscription plans.

The original announcement for the price hike was made in January, with Netflix saying that the additional income will allow for more shows and movies to be made available. The price of the basic plan will rise from $8 to $9 per month, the standard plan that includes HD streaming on two devices will go from $11 to $13 per month, and the price of its premium plan will increase from $14 to $16.

The increase comes as Netflix is expected to face new competition this year with Apple and Disney announcing new streaming service options.

Source: Netflix is raising prices next month – CNN

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