Netflix is hiking subscription fees for new users of its streaming video service effective immediately, while current members will have a grace period before they must start paying the increased rates. Subscribers in the U.S. and Canada will fork over an extra dollar a month, with the fee jumping to $8.99. Existing subscribers will pay their current fees for two years before they are charged a little more each month. They will be able to stream Netflix content in high definition on two screens at the same time.
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Netflix Newbies Hit With Steeper Price
Posted by: Kris Holt May 9, 2014 12:04 PMNetflix is hiking subscription fees for new users of its streaming video service effective immediately, while current members will have a grace period before they must start paying the increased rates. Subscribers in the U.S. and Canada will fork over an extra dollar a month, with the fee jumping to $8.99. Existing subscribers will pay their current fees for two years before they are charged a little more each month. They will be able to stream Netflix content in high definition on two screens at the same time.