Netflix subscription becomes more expensive
May 12 , 2014
Netflix's subscription has become more expensive since it raised the price by $1 on Friday. However, reports suggest that the existing subscribers will pay the same fee for the next two years.
"To continue adding more movies and TV shows and delivering a great streaming experience, we previously announced that we planned to increase our price slightly for new members," the company said in a statement.
Netflix mentioned its plans to increase prices last month and its user base has increased more than the company had previously forecasted, according to media reports.