Netflix set to raise prices for new members by a dollar or two in some countries

[Guest Justin Herrick]

 

Don’t worry, this will not be anywhere near as outrageous as Netflix’s infamous price hike in 2011. But yes, Netflix does plan on imposing a one or two dollar price hike in some countries in order to cover the cost of new content and improving technology. For current Netflix members, everything will remain the same for the foreseeable future. However, new members will feel the wrath of the price hike.

 

Here is the quote from Netflix CEO Reed Hastings:

 

 

Our current view is to do a one or two dollar increase, depending on the country, later this quarter for new members only. Existing members would stay at current pricing (e.g. $7.99 in the U.S.) for a generous time period. These changes will enable us to acquire more content and deliver an even better streaming experience.

 

So Netflix members, how would you feel about paying $8.99 or even $9.99 per month for the streaming service?

 

Source: Netflix (PDF)

Via: Phone Arena

 

 

Come comment on this article: Netflix set to raise prices for new members by a dollar or two in some countries

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