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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.
The price of the basic plan, which costs $7.99 monthly and delivers standard definition video to one screen, remains the same. More: Follow USA TODAY Tech on Facebook. Netflix has begun raising prices for new U.S. subscribers and will begin increasing prices for current subscribers on Oct. 19.