Netflix is raising its prices again. Here’s why. - The Washington Post

Netflix is raising its prices again. Here's why. - The Washington Post

Too busy to read this now? Sign in or create an account so we can save this story to your Reading List. You'll be able to access the story from your Reading List on any computer, tablet or smartphone. Sign in to your account to save this article. This photo provided by Netflix shows Idris Elba as Commandant, in the Netflix original film, "Beasts of No Nation," directed by Cary Fukunaga. (Netflix via AP) Netflix announced Thursday that it will raise its prices again, this time by $1 to $9.99 a month, giving the streaming video service more money to develop original content. The price increase will take effect on Nov. 11 for new customers. Existing customers will continue to pay the current rate, $8.99 a month, until October 2016. Longtime customers who still pay $7.99 a month will hold onto that rate until at least May 2016. The change may reflect that it is getting more expensive for Netflix and other video distributors to secure deals for television and movie content. In August,

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