USA Today- Netflix is raising the prices on its standard and premium streaming subscription services.
The standard service, which allows customers to stream shows and movies in HD on up to two screens at the same time, is now priced at $10.99 monthly, and was previously $9.99. The premium service, which provides viewing on up to four screens (plus ultra HD content access), is $13.99 and was previously $11.99.
The basic service, which enables Netflix (NFLX, Tech30) streaming on one screen and doesn't allow for HD or ultra HD viewing, will remain at $7.99. This price influx does not yet apply to existing members.
According to a statement released by a Netflix spokesperson, users will be notified of the new prices based on their billing cycle and will receive 30 days notice before the changes take effect. "From time to time, Netflix plans and pricing are adjusted as we add more exclusive TV shows and movies, introduce new product features and improve the overall Netflix experience to help members find something great to watch even faster."
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