Netflix announced they will be raising prices for all customers over the next few months. The streaming service has reportedly spent 8 billion dollars over the past year producing new shows, and so all customers will see a dollar or two increase to pay for all the new programming. They sure have come a long way since it was a just a place that mailed you a dvd!!!
New monthly fees:
Basic subscription goes from $7.99 to 8.99
Standard plan will go from $10.99 to 12.99
Premium plan, with ultra-hd and 4 screens will jump from $13.99 to 15.99.
Netflix will have some competition soon, with Disney about to launch its own streaming service, and Apple expected to jump into the game as well.
Photo: Bruce Scott