Monday, May 12, 2014

Netflix tacks $1 onto its basic streaming plan, adds $8 budget plan

This morning, the leader of the free (movie-streaming) world confirmed its plan to increase the price of its popular $8-per-month streaming plan. Netflix announced via blog post that it will hike the price of its 2-screen, HD-capable streaming plan by $1, bringing the total cost for new subscribers (who will still get a free trial of whatever plan they end up choosing) to $9. Current members will get to keep their current $8 price for two years and continue enjoying HD content simultaneously on any two screens. The move marks Netflix’s first price bump in its largest market in three years. - Alex Tretbar, Digital Trends

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