In an email sent to customers this morning Netflix announced it will be raising its subscription fees next month.
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Merry Christmas indeed.
The cost of the "Standard" monthly subscription is rising $2 a month, going from $14.99 up to $16.99. This plan allows HD streaming on two screens at a time and allows videos to be downloaded onto two devices.
This price hike sees the once bargainous streaming service surge to the top of the heap as the most expensive. It's standard subscription is now $4 more per month, than the same from its closest competitor.