Netflix Is Raising Prices, But Subscribers Should Still Be Happy

If you love Netflix (NASDAQ: NFLX) originals like House of Cards or Orange is the New Black, you may have reason to cheer the streaming service's latest price hike.

The red-lettered streamer said prices would go up for its most popular and its premium packages in the U.S. For its standard plan, which offers streaming on two devices and in HD when available, the monthly price will go up from $10 to $11. Subscribers to the premium plan, which allows streaming on four devices as well as Ultra HD, will see their monthly bills go from $12 to $14.

The $8/month basic plan will not change, giving budget-minded subscribers a cheaper option.

Source: Fool.com