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Netflix Announces Pricing News That Will Leave You Pissed Off

Netflix is going to start increasing their prices and it sucks.

You may have paid $7.99 for Netflix's streaming service for years, but the company's CEO Reed Hastings has just announced something big coming to Netflix, and it's not a new series-it's a price hike. According to The Guardian, the new pricing won't come into effect this year. That means you still have a few more months to watch every show and movie you've ever wanted at the current low price. There's more, though. Netflix Jobs Sukharevskyy Dmytro (nevodka) / Shutterstock.com According to Cosmopolitan, Hastings also revealed that Netflix will be encouraging customers to move from their standard plan to HD and Ultra HD plans and the fear is that the company be doing that by going hard against people who are sharing their passwords. While the news isn't very shocking, it is a hard hit to those of us who haven't yet taken full advantage of Netflix's affordable streaming service. In the next few months you may see the price of Netflix skyrocket but, like everything in life, all good things must come to an end. Discuss this story with fellow Project Casting fans on Facebook. On Twitter, follow us at @projectcasting.

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