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Video streaming giant Netflix has announced plans to raise prices for new subscribers later this quarter, when it announced its quarterly earnings on Monday.

The price increase will cost between $1 and $2 more per month, depending on the country a user lives in. Netflix subscriptions currently costs $7.99 per month for unlimited streaming, so the increase will raise it close to $10.

Netflix assures current customers won’t be on the receiving end of the price increase “for a generous time period”, so if you’ve been holding out buying a subscription, now may be the time.

“These changes will enable us to acquire more content and deliver an even better streaming experience,” the company said in a statement.

The company also reported first quarter earnings on Monday, beating analyst expectations with earnings of 86 cents per share on revenues of $1.27 billion. From January through March, Netflix gained 2.25 million domestic subscribers, bringing the total to 35.7 million.

  • Alex R

    This was bound to happen sooner or later. I hope they offer a premium subscription that includes episodes the day after the airing of a show, instead of only having the previous season. I’d pay $15 and then I don’t need any other TV service/or Hulu Plus

    • Antzboogie

      Netflix is really messed up on this one how could they agree to pay Comcast more for stable streaming. What happens when small startups want to join the industry what’s going to happen to gaming how about everything else??Comcast is a monopoly and Netflix is to desperate. Either their really stupid or their on to something and this was it. Imagine there was no deal done, Just to make it look like theres more money Netflix has to pay when they aren’t. I hope Comcast and Time Warner’s merger gets crushed.

  • Frank Anthony

    More reason for piracy. Why they don’t get it? This is why i think that “Popcorn-Time” is not evil as portrayed by this hungry companies/Hollywood

    • Rowan09

      If the value of money is dropping, prices will always go up.

    • onesimpleclickk

      It’s 10 bloody dollars. Just pay it or shut the hell up.

      • Antzboogie

        I can tell your British and can also tell your a fool pay whatever they ask? Lol lol yeah right, prices are supposed to be going down not up who told them to do a back door move and agree to pay Comcast more money out of desperation. They are idiots for this one that deal goes against any type of Internet freedom.

      • Frank Anthony

        Yeah? U rich punk… I really don’t have a problem with paying per viewing as i have subscribed both Hulu Plus & Netflix for the next 6months and not gonna subscribe anytime soon. U think everyone can afford 10bucks just as you. Get da hell outa here big mouth.

      • Jake Smith

        I’ll have to agree with you on that.

      • “It’s 10 bloody dollars” PER MONTH for viewing on 2 devices.

        There, fixed it for ya.

    • Antzboogie

      Agreed!

  • Modest

    Make content available everywhere at the same time, I will happily pay for it. Until then, I will continue downloading it from other sources. Period.

    • Dan

      same here

  • butterfield

    A lot of the dumbassses here don’t understand licensing of TV shows and movies and that Netflix is not in control of everything.

  • Linton Findlay

    i just use moviebox on ipad, and xbmc airplay it to my pc if need be

  • andyr354

    Just canceled mine for the summer. Just never watched it. Better off to cancel it half the year.

  • Basically, this is because they’re being forced to pay the ISPs for traffic.

    • Antzboogie

      Yeah their stupid for agreeing to this. Comcast and other ISP are liars and greedy.

  • Jeffrey

    everyone who wants a free netflix alternative (only for jailbroken idevices), download moviebox, it’s the same as netflix only then with more tv shows and no subtitles… (FREEEEE)

    • Rock Lee

      Please don’t go and spread it all around the internet. Last thing you want (and we) is that the servers will go down of moviebox.

      • tstsr6

        I don’t think it will make a difference… moviebox would want more users for their ad revenues – the site they use to upload is a russian social networking and is known for hosting pirated content.

        My initial comment got moderated and removed – I’m guessing it was because I named the site they upload on?

      • Jeffrey

        Your previous comment is also visible, the iDB people first check all comments with cursing or links in it before they are shown

      • Jeffrey

        Lol only about 50-100 people read this article of which only about 20 read my comment and I don’t think 20 more people will crash the server hahah:P

      • Rock Lee

        but when those 20 people post the same thing to 20 different websites, where 20 people can read it and spread it again…. I think you see my point 😉

      • Jeffrey

        yeah but that won’t happen-_-

      • Rock Lee

        tell that to ice films, megaupload, apptrackr and others…

      • Jeffrey

        let’s just wait and see if my comment started a gulf of people downloading moviebox…

  • tstsr6

    Is this worldwide or just US?

    • Jake Smith

      worldwide, as mentioned in the article 🙂

  • Roger Riekki

    Netflix only has old tv shows and movies, and you have to wait forever for the latest season of your TV Show to come out. Or your latest favourite movie.

  • August Ebbesen

    I use Popcorn Time, it’s free and they stream movies and shows. Now this is not illegal in my country, otherwise I wouldn’t use it.

    • onesimpleclickk

      Never heard of Popcorn Time, might give it a look. thanks!

      • August Ebbesen

        You are welcome 🙂

  • James Gunaca

    Fine by me. Just provide more content to deliver against that promise and I’ll happily pay. Change nothing and I’ll be annoyed!

  • Screw them, their database is ALWAYS months behind what’s currently showing on TV, plus what they offer in Canada is so limited (thanks to those stupid regional restrictions on digital content). XBMC + Project Free TV are now my sources for video entertainment…

    • XboxOne

      Same here on my jailbroken Apple TV 2. 1Channel works great too!

    • tstsr6

      Exact reason I use plex on my ATV 3

    • Damian

      xbmc is not always reliable and Netflix is, and Netflix works great on roku.

      • Rowan09

        I don’t have any issues with XBMC. I still have Netflix as well though.

      • Damian

        Xbmc or rather the websites that Xbmc uses stream movies from limited bandwidth sources, therefore I run multiple times into buffer times to the point where it gets irritating

      • Rowan09

        I use 1Channel and Mashup and don’t really have any issues.

      • That’s one of my reasons for also using Project Free TV. Both are easily accessible and work flawlessly on them quad-core mini android PCs…

    • Antzboogie

      Agreed Netflix is up to something malicious with all the internet service providers.

    • N&LH

      You can Switch to American Netflix

      • Possible, but I’ll then be making my network connection sluggish (or adding another monthly bill to get a fast proxy server) in order to get the best of a paid service? Not worth it; if it’s paid, it shouldn’t require additional effort on my part.

  • Manny Carranza

    I’d definitely pay $1 or $2 more for better content and streaming

  • Jared

    My question is….what if you let the subscription lax for a few months do to not using the service, as I’ve done in the past when they stop charging me. Then let’s say one day I decide to resume using Netflix ….will you be counted as a “new subscriber” or an existing member?

    • White Michael Jackson

      I have this same question.

  • Templar

    Thats why many people like me enjoy Movie box =D

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  • Stephen Goodwin

    Meh, Netflix is well worth the cost that we pay as existing subscribers and probably worth more with how much content we absorb from it! I would love to see them bring same season content and box office movies in the future, and would gladly pay more to get my content sooner!