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  • “Netflix & Chill” Just Got a Little More Pricey, Streaming Service To Increase Membership Fees Next Month
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“Netflix & Chill” Just Got a Little More Pricey, Streaming Service To Increase Membership Fees Next Month

Crews April 8, 2016 2 min read

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It’s about to cost you just a little bit more to “Netflix & Chill” as the streaming service has announced its rates for long time subscribers (myself included) are about to go up, effective next month!

Via Yahoo News:

Those of us who subscribed to Netflix before it was cool have for the last several months have enjoyed a grandfathered subscription price of $7.99 per month. However, starting next month our prices will increase to $9.99 per month to match the price increase Netflix implemented for new subscribers starting last year. Right now, an estimated 37% of Netflix’s subscriber base — or around 17 million customers — is still on the grandfathered rate, so that means millions of people are going to be paying more for the service starting in May.

The good news here is that Netflix is giving us a lot more bang for our buck than it did two years ago. The company’s highly ambitious plan to produce tons of interesting original content has paid off big time and now most of us can’t imagine going without Orange is the New Black, Jessica Jones, or Unbreakable Kimmy Schmidt. All of this new content costs money, which is why it’s not surprising to see Netflix increasing prices.

For what it’s worth, Netflix’s $9.99 monthly subscription fee still costs less than the commercial-free version of Hulu, although it now costs more than Amazon Instant, which works out to around $8.25 per month since it’s part of the Amazon Prime subscription package.

Are you here for paying a few bucks more for a night in with boo? Hey, its still cheaper than going to an actual theater or night out on the town.

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