Netflix raising streaming fees

MGN online

BIRMINGHAM, Ala. (WIAT) — The prices of Netflix’s stream service is about to be going up.

The streaming video company says it plans to raise subscription costs for new customers by $1 or $2 in the next few months. Existing customers, paying $7.99 per month, will not see a change in their current rate.

This news comes after the company’s fight with internet service providers over lower streaming speeds. Those companies want Netflix to pay a fee to offset the cost of delivering its data heavy content

Copyright 2014 WIAT-CBS42

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