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Netflix Announces $1 Price Hike

May 9, 2014

Netflix announces price increase with streaming plans.

From Netflix email:

Hi SLACKER,

In order to continue adding more movies and TV shows, we are increasing our price from $7.99 to $8.99 for new members. As a thank you for being a member of Netflix already, we guarantee that your plan and price will not change for two years.

You can review your membership details at any time by visiting Your Account. As always, if you have questions, we are happy to answer them. Please call us at any time at 1-888-357-1516.

–The Netflix Team

Netflix Price Hike 20140509

Even at $8.99 per month, Netflix is still a bargain.

Considering that Netflix has recently signed peering deals with Comcast and Verizon, the extra $1 should be justified to Netflix.

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