Most Netflix Customers Don't Realize Prices Will Increase Next Month

Millions of Netflix customers are about to start paying more to stream their favorite movies and TV shows—and chances are, they don't even realize it.

In May 2014, Netflix raised the price of its standard streaming plan for new subscribers, to $9.99 a month. However, the price hike did not apply to existing customers, who were grandfathered into their current rates of $7.99 a month for a two-stream, HD plan, Business Insider reported.