Devastating news, collegiettes, Netflix will be raising their prices in the near future. Currently, we’ve been paying $7.99 a month to feed our Orange is the New Black and House of Cards addictions, but that will be changing soon.
There’s no word yet on how much the prices will go up, but according to Netflix CEO, Reed Hastings, “[they]want to take it very slow.” So fear not, it looks like prices will be safe until next year, and even then they won’t be going up by too much. This may not be such a bad thing considering that Netflix is also talking about adding more content.
“Over the next decade I think we’ll be able to add more content and have more value and then price that appropriately,” Hasting said.
The streaming service will also be cracking down on mass password sharing, so instead of sharing your best friend’s brother’s cousin’s account with ten people, it may be time to invest in your own.
While this news may seem devastating on the surface, it may mean added content for a much better viewing experience. An extra dollar or two a month for more shows like Unbreakable Kimmy Schmidt doesn’t seem so bad.
