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Apparently Amazon’s not the only company in the mood for price hikes. Just days after the price of an Amazon Prime membership in the US jumped from $79 per year to $99, online video service Netflix announced plans to increase its monthly subscriber fee.

Netflix mentioned the price hike in the company’s latest shareholder report.

The company already increased the price of a subscription for new subscribers in Ireland from €6.99 to €7.99 in January, while grandfathering existing customers for 2 years. Now the company plans to raise rates in other markets by $1 to $2 depending on the country while allowing existing subscribers to keep paying the current rate “for a generous period of time.”

dv8 netflix

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3 replies on “Lilbits (4-21-2014): Netflix price hike”

    1. Nokia isn’t dead, they’re just not going to be selling WP devices anymore… It’s like when IBM sold their Thinkpads to Lenovo… The company went on, they just didn’t sell Thinkpads anymore…

      Nokia was never just a phone maker company, though that was a big part of their business for many years but this deal doesn’t mean they will never make another phone…

  1. At least Neflix is granfathering current subscribers for some sort of period unlike Amazon. Too bad I’m not a current Netflix subscriber. I usually subscribe for a few months, watch the few things I like and then cancel my subscription after there’s nothing more I want to watch. After a year or so, I subscribe again for a few months.

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