Netflix subscription increasing to £6.99 - but not for existing members

The online streaming service is hiking up its price, but freezing fees for current memberships

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Netflix subscription increasing to £6.99 - but not for existing members
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Netflix have confirmed plans to hike up the price of their subscription service. 

The monthly fee giving viewers access to the likes of House of Cards, Orange is the New Black and Arrested Development, as well as a plethora of other films and TV shows, is being increased by one pound, to £6.99. 

But those of you who already enjoy the online streaming service can rest easy. Netflix have promised to freeze charges for existing members for the next two years. 

"In order to continue adding more films and TV programmes, we are increasing our price from £5.99 to £6.99 for new members," reads a statement sent to Netflix members this morning. 

"As a thank you for being a member of Netflix already, we guarantee that your plan and price will not change for two years," the message continues. 

The on demand provider revealed plans to increase charges last month in a memo to shareholders, which read: "Our current view is to do a one or two dollar increase, depending on the country, later this quarter." 

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