Netflix to Increase Prices for New Members Only…For Now


Do you already have a Netflix subscription? Well, then you’re safe…for now.

The basic Netflix Instant subscription is currently $7.99, but Netflix has announced that number will jump to either $8.99 or $9.99 for new members, depending on the country.

For comparison, Hulu is $8 a month in the U.S. while Amazon Prime is $75 a year, which breaks down to $6.25, although they’ve announced a price increase for 2014 as well, according to Nerdist.

As for current subscribers, Nerdist says that in the same letter to shareholders about the new member price increase, it also hints at an eventual increase for them, as well.