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But that doesn't mean they'll cancel their subscriptions. Millions of Netflix customers are about to start paying more to stream their favorite movies and TV showsâand chances are, they donât even realize it. In May 2014, Netflix raised the price of its standard streaming plan for new subscribers, to $9.99 a month. However, the price hike did not apply to existing customers, who were grandfathered into their current rates of $7.99 a month for a two-stream, HD plan, Business Insider reported.
Netflix's longtime customers will start paying $9.99 per month in May. Eventually, we'll all be paying $9.99 for Netflix. Until the price goes up again, anyway. A massive wave of Netflix's longtime customers will see their monthly subscriptions move to that price point next month, up $2 from the glory-days price of $7.99. $9.99 is what new subscribers to the company's most popular plan have been getting charged since October.