Netflix Is Raising Their Prices for the First Time in Two Years

This month, everyone's eagerly awaiting the premiere of the second season of Netflix's hit show Stranger Things. But while the release of new episodes of everyone's favorite sci-fi show, Netflix came out and made an announcement people will like less: They're raising their prices.

Netflix announced that they're raising prices on their service that allows HD streaming and for people watch multiple shows on different devices at the same time. Luckily, the price isn't going up too much. Customers will only have to pay $11 per month compared to the $10 they pay right now. Netflix also announced that a plan that includes ultra-HD and 4K streaming is also increasing from $12 per month to $14. 

It's the first time Netflix has raised their prices in two years. In the past, Netflix allowed current subscribers to continue paying at their old rate for several months before implementing the price hikes. But the company announced that they will be implementing the new increases on all their customers at once. Starting on October 19th, Netflix subscribers will have one month to accept the price change, move to a cheaper plan or cancel the service all together. 

Cancel Netflix one week before Stranger Things comes back? Yeah, right. I'd rather pay $100 per month than do that.

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