It was just a few months ago that we wrote our blog “Netflix and Chill Just Got More Expensive”. And since that blog, it looks like Netflix has decided to raise their prices YET AGAIN. Now, we understand the occasional slight price increase, but twice within a 3 month period? You’re starting to sound a little greedy, Netflix.
According to Esquire, those Netflix customers who have been “grandfathered” in to the $7.99 a month rate, will soon be expected to pay $9.99 a month for the same plan. There is a way around it, if you really want to pinch pennies. Here’s the catch: you can keep paying $7.99 a month, but you will lose your high-definition streaming capabilities.
In total, the price bump comes out to nearly $25 a year. Not horrible, but it definitely adds up over time. With cable continuing to raise their prices, we hope that Netflix isn’t taking a note from their playbook. Fair warning, Netflix, it hasn’t worked out very well for the cable companies to gouge prices and abuse their customers. We hope you’re careful and aren’t planning anymore “announcements” anytime soon. Unless we like them of course ;).