Netflix Is Raising Prices Again

(New York, NY) -- Netflix shares are up more than six percent today on news the company is raising prices again.

The most popular plan, which is currently priced at eleven bucks a month, will jump to 13-dollars. Netflix's basic plan will go from eight to nine bucks, while the most expensive plan will go from 14-to-16 dollars.

The streaming service says the higher prices will take effect immediately for new customers. Current users will notice the increase on their bills over the next three months. 

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