A Big Netflix Price Increase Is Coming: Here’s What You Need to Know

orange is the new black A Big Netflix Price Increase Is Coming: Heres What You Need to Know

Netflix

Bad news for loyal Netflix obsessives: The streaming service responsible for your “House of Cards” and “Making a Murderer” addiction is raising its prices.

In May 2014, Netflix hiked up the cost for new subscribers to $9.99 per month from $7.99 but mercifully allowed existing members to continue at the lower rate. Now, however, everyone’s being slammed with the extra $2 charge each month. Sob.

gilmore girls A Big Netflix Price Increase Is Coming: Heres What You Need to Know

Netflix

Roughly 17 million people (or 37 percent of US subscribers) will be impacted, but as Business Insider highlighted, it’s still a way better deal than paying for cable—UBS calculated that Netflix costs you $0.09 per hour of viewing, while a typical pay-TV service costs $0.30 an hour. And let’s be real, there’s no way you’re going to be able to end your subscription before the second season of “Jessica Jones” lands online and you’ve watched the full “Gilmore Girls” remake.

jessica jones A Big Netflix Price Increase Is Coming: Heres What You Need to Know

Netflix

share