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Current Netflix Subscribers to Keep Pricing for Two More Years

by Sean P. Aune | May 9, 2014May 9, 2014 8:30 am PST

Netflix Earning Report - Money

Current Netflix subscribers are going to be enjoying their current pricing until sometime in 2016 it would seem.

Netflix announced in April that it was raising its prices this year for new subscribers. When it came to its current customers, however, it simply said that they would continue to enjoy their current pricing for a “generous” amount of time. We now know that a “generous” amount of time translates to two years.

In an email to customers today the company said that new subscribers will soon begin paying $8.99 a month, a $1 more than the current fee. When Netflix first announced that a price hike was inbound it suggested it could be as high as a $2 price hike, so it’s not quite as much as it could have been.

Netflix has said that any customers that sign up before the price hike takes effect will be locked in at the $7.99 price, so we would highly recommend doing so if you have been on the fence about joining the streaming service. Over the course of two years you would end up saving $24, so while not a king’s ransom, it still isn’t a bad deal.

Sean P. Aune

Sean P. Aune has been a professional technology blogger since July 2007, but his love of tech dates back to at least 1976 when his parents bought...