Netflix raises membership price for new subscribers

Netflix raises membership price for new subscribers
Remember the other day when Netflix said that it was considering a hike in subscription rates for new members? In a press release that was disseminated on Friday, the streaming video firm said that new subscribers will now have to pay $8.99 a month for service. If you're a current subscriber, you will continue to be locked into the $7.99 a month you currently pay, for another two years.

As long as Netflix uses the extra cash it raises to add more content to its site, no one will do much complaining. And in a brief statement on Friday, Netflix did say that this is exactly how it intends on spending the extra buck per month that new members will pony up.


Current members now have about 730 days to start going through the entire site before they have to dig a little deeper into their pockets.

source: Gizmodo

FEATURED VIDEO

8 Comments

1. Planterz

Posts: 2120; Member since: Apr 30, 2012

Glad I signed up a month ago. Yeah, it's only $48 over the next 2 years that I'll save, but hey...

3. B_Newsome

Posts: 6; Member since: May 09, 2014

$48? think some math is wrong, 2 years = 24 months , a savings of $1 a month is $24 saved for the two years Still, even at 8.99 it is still cheap entertainment. As long as they keep adding new movies it will be worth the price for awhile.

5. Planterz

Posts: 2120; Member since: Apr 30, 2012

I thought I read $9.99/mo. Must be all that fermented and distilled molasses I have imbibed.

2. palmguy

Posts: 952; Member since: Mar 22, 2011

A penny saved is a penny earned.

4. NokiaFTW

Posts: 2072; Member since: Oct 24, 2012

Netflix, why don't you'll make your service available in India? There's alot of people here waiting for Netflix to work in India.

6. HASHTAG unregistered

If it were easy for them, I'm sure they would have already made it available for India and other places that don't have the service...

7. corporateJP

Posts: 2458; Member since: Nov 28, 2009

If they get some more content, it is more than worth it...

8. 0xFFFF

Posts: 3806; Member since: Apr 16, 2014

Every successful couch zombie needs this app.

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.