Netflix: Monthly streaming price hike announced
Netflix bills on the rise
Netflix has announced tat effective immediately the new monthly streaming price will be increased by one dollar per month for all new members.
The $8.99 per month price will only effect new Netflix subscribers for now.
All previous members will continue to pay the agreed upon $7.99 per month for the next two-years before experiencing the increase to their monthly bill.
Reed Hastings the company CEO announced today that the streaming entertainment service subscribers will be seeing a small increase per month in their service charges.
The site sent out an email to all subscribers revealing the company change
revealing that the company said the move was being made “in order to continue adding more movies and TV shows.”
Netflix has high hopes for streaming TV entertainment
As previously reported, Netflix reported that the hit series Orange is the New Black has been picked up for a third season, just weeks before the airing of OITNB Season 2 on June 6th.
Will the extra dollar per month on your Netflix bill be enough to cause you to reconsider your streaming entertainment needs?