Your Netflix Subscription Is About To Get More Expensive

The price of the streaming service’s most popular plan is going up by $1.

Netflix

Netflix is rolling out another price hike.

The streaming service will bump up the price of its "Standard" subscription price by $1, to $9.99. per month. The good news is, if you're an existing customer, it's not going to affect your bank account for a while.

"To continue adding more TV shows and movies including many Netflix original titles, we are modestly raising the price for some new members in the U.S., Canada, and Latin America," a Netflix spokesperson told BuzzFeed News. "As a thank-you to existing Netflix members — who aren't already benefiting from a previous price guarantee — we will maintain their current price for a year."

This is the second time Netflix has raised the price of its most popular plan in two years. Last May the cost of the company's standard plan increased to $8.99 from $7.99.

Netflix still offers a $7.99 plan — it just doesn't support HD or the ability to watch on multiple screens at the same time.

Netflix's latest price increase was first reported by Bloomberg.

Netflix

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