Netflix will Raise Subscription Price for New Users

Netflix will raise the price of its all-you-can-watch streaming service by $1 to $2 dollars per month.

According to TheWrap, Netflix CEO Reed Hastings and CFO David Wells, “Our current view is to do a one or two dollar increase, depending on the country, later this quarter for new members only”.

Netflix has already tested out the price increase in Ireland, where it noticed " limited impact."