Netflix lovers you might not be happy about this but Netflix is raising its price again and its the largest increase ever. According to ABC News, the increase will be about 20% with subscribers paying about an extra 2 dollars a month. This is now the 4th time in about 2 years that Netflix has raised their price, but even at the price hike it is still cheaper than most media apps like HBO, SlingTV, and others that charge $15 or more.

According to ABC News and other news outlets, the price hike will help to pay for Netflix's huge investment in original shows and films, which is upwards of 8 billion dollars. Also the extra money will finance the heavy debt it has assumed to ward off rivals such as Amazon, Disney and AT&T.

This price hike comes at a time where Netflix is at their hottest and a lot of shows are returning in the next few months like; Stranger Things, so I know I'll be paying the extra money so I don't miss anything. Check more about it here. 


More From 97.5 NOW FM