What You Should Know About Netflix’s Price Increase (ABC News)

In case you haven’t heard, Netflix streaming is going up $2.00/month beginning in May. From ABC News,

About 17 million Netflix customers are about to pay more for the streaming service.

Starting in May, customers who currently pay $7.99 for high-definition streaming will have to pay an additional $2 per month for the same service.

“Beginning in May, the price update is rolling out elsewhere based on member billing periods,” Netflix told ABC News in a statement. “Impacted members will be clearly notified by email and within the service so that they have time to decide which plan/price point works best for them.”

Netflix raised prices last October on its most popular streaming plan that allows customers to watch media on two screens at the same time.

“Last October’s price increase for newer members included a one-year hold and will go into effect in October of this year,” the company said.

Those customers will have the option of continuing at $7.99 per month on the standard definition plan or at $9.99 on the HD plan, the company said.

Read the full article on ABC News.

Here’s what my account page looks like:
Netflix price change 2016 crop

 

 

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