Netflix decided to increase its prices for European and US citizens alike. The movie and TV show streaming service changed its price change for the new customers only for now, but that will not last for long and old customers will feel this increase in price soon. The $1 rate increase per month is not that much, but considering Redtube sells its service for $8 as well, some new customers could choose another streaming service much easier.
Netflix mentioned existing customers will not get a price or plan change for the next two years, but as comforting as that may be, changes are coming. For now, current customers will pay $7.99 per month for the service whereas new customers will be charged $8.99.