Last month, Netflix announced plans to raise prices for new subscribers later this quarter. The video streaming giant has officially detailed the price hike, going into effect today.
In the United States, new Netflix customers will be paying a dollar more, raising the subscription fee from $7.99 to $8.99 per month. Similar price hikes will be put in effect in Netflix's key markets in Europe. Existing customers will be exempt from paying extra for 24 months.
Read on for the full details...