Netflix Hikes Price $1 Per Month, Still A Laughably Great Deal

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News Posted: Fri, May 9 2014 9:46 AM
This morning Netflix confirmed that it will be raising its rates for monthly streaming subscribers to $8.99 per month, which is a $1 increase over the current price. However, current customers can keep the old rate in place for two years if they don’t change their plan.

Netflix said it was upping rates “in order to continue adding more movies and TV shows” and extended the two-year grace period to current Netflix users as a thank you. According to multiple reports, the $1 increase is in effect in Canada and the UK, too.

Netflix

Surely some users will be upset by the rate hike, but they shouldn’t; it’s still an incredible deal, and--seriously folks--it’s a dollar per month. That’s $12 more per year, for unlimited on demand movies and TV streaming. If you watch one extra movie per month, that’ll cover the cost (compared to renting them from Redbox).

Remember when a movie meant $4 and a trip to Blockbuster? And there was no such thing as binge-watching a whole series unless you actually bought a box set of DVDs or (or ancient times) VHS tapes? And if you wanted to watch any good shows beyond what the three big networks and PBS offered you had to pay out the nose for cable? And the only great original programming was on HBO and Showtime and cost an arm and a leg on top of the basic cable/satellite package?

Netflix changed all those things for us, and the company is going to give us content in 4K starting this summer, too. Let’s just pay the extra dollar (starting two years from now for most of us) and wish Netflix well, yeah?
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INB4 people lose their minds because of $1

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acarzt replied on Fri, May 9 2014 1:56 PM

I am using netflix less and less.... but i'm still willing to pay the extra dollar.

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They sent me an email and if you are an existing customer you get it for 7.99 for another 2 years ... just fyi

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I Like Netflix and will continue to support until it goes over 10 a month that's is the max I will go my friends ^_^

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Super Dave replied on Sat, May 10 2014 12:59 AM

Seniority finally pays off. Usually it is the new customers that get the sweet deals!

 SPAM-posters beware! ®

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Oh boy they raising it by a dollar? What are people complaining about?, for me to order a movie off of VU its 7.99 for one movie, still Netflix has the best price around and is unlimited so their is nothing to complain about!

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Rosec14 replied on Mon, May 12 2014 3:38 PM

I sure hope this isn't a direct result of their deal with Comcast.

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