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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 subscriptions currently cost $7.99 per month, but that price will rise by $1 or $2 for new members later this quarter. Existing members will keep their current price for a generous period of time. Assuming the $2 increase, Netflix will soon cost $119.88 per year. Amazon Prime membership costs $99 per year (or about $8.25 per month), but also includes unlimited, free two-day shipping on many items. You also get access to the company's growing selection of streaming TV shows and movies. Hulu Plus costs $7