Longtime users of streaming service Netflix will see their price go up starting next month.
This isn't a new price hike for Netflix. Two years ago, the company announced it would raise the price of its standard plan to $9.99. At the time of the announcement in May 2014, Netflix said existing customers could maintain the older $7.99 price for two years, which is expected to expire this May.
"To continue adding more movies and TV shows and delivering a great streaming experience, we previously announced that we planned to increase our price slightly for new members," said Netflix when the price hike was revealed.
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