Netflix is raising the price of its popular streaming service to $9.99 effective immediately, CNBC reports on Twitter. The change is an incremental move from $8.99, and won't affect existing customers until Oct. 2016.
A standard definition streaming plan still goes for $7.99 a month.
Response has been mixed. Netflix stock went up on the news, while folks on Twitter seem less enthusiastic.
@LaciePassmore So we can brig more great content to users, the price for the 2-stream is going from 8.99- 9.99 for new members.— Netflix US (@netflix) October 8, 2015