Netflix raises price of subscription in Europe, but existing customers get two year reprieve

Written by Andre Yoskowitz @ 11 May 2014 3:31

Netflix has confirmed that its impending price hike is no longer impending.

Overseas, European and UK users will see their subscriptions jump by £1 and €1, to £6.99 and €8.99, respectively.

Current customers will get to keep their existing price for two years.

Netflix first announced the changes during their quarterly earnings report last month.

The streaming company offers tens of thousands of TV episodes and movies and is most notable for its original content including House of Cards, Arrested Development and more.

Tags: Netflix

<Apple hires Nokia's phone camera lead >Netflix U.S. and Canada subscribers see price rise, addition of new plan

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Netflix raises price of subscription in Europe, but existing customers get two year reprieve

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