Oh no! Netflix is raising its prices

Fan favourites such as Orange Is The New Black and House Of Cards are going to be a little more expensive to watch from now on.

Fan favourite House Of Cards will be a little more expensive to watch from now on thanks to a price hike.

Netflix is about to raise its prices, the first time in two years – meaning that your monthly spend could be up to 11.2 percent more expensive.

The standard UK price plan will rise by 50 pence, from £7.49 to £7.99, whilst the premium price plan will rise by a whole pound, meaning it will now cost £9.99 a month. That’s £12 extra a year… We can handle that… right?

The basic account will stay static at just £5.99 a month.

Charges only apply to the two top tiers of membership – the Standard and the Premium. The basic member will remain at £5.99.

In the US, the price plans will rise by $1 to $10.99 a month for the standard service and $2 to $13.99 for the premium service.

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Netflix has been at the forefront of streaming technology, forcing mainstream television companies and film distributors to reconsider their options. In a digital age, Netflix is a real disruptor – as millions of people leave linear television behind.

So, what are we getting for our extra £££? Well, Netflix has promised to produce 40 feature films in the coming year, and a continuation of its original programmings, such as House Of Cards, Stranger Things, 13 Reasons Why and ATypical.

Still worth it though, right?