Netflix raising prices by 10%

Netflix today has raised its prices slightly for new customers for its standard and premium plans, while existing customers will start paying the higher prices in November.

Netflix will be raising it’s standard plan from $9.99 to $10.99 and its premium plan will go from $11.99 to $13.99 for U.S. customers. The basic plan will remain at $7.99. Here is the company’s brief statement on the update.

From time to time, Netflix plans and pricing are adjusted as we add more exclusive TV shows and movies, introduce new product features and improve the overall Netflix experience to help members find something great to watch even faster.

About Justin Heintz

Hi there! Justin is currently 22 years old and was raised in the San Francisco Bay Area and is the Multimedia Coordinator for 88.7 The Pulse.