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.
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.