Your Netflix subscription is getting more expensive starting next month

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Netflix Price Increase

When it comes to on-demand entertainment options, you'd be hard pressed to find a service that provides users with more bang for their buck than Netflix. Not only is Netflix rather affordable, the streaming giant is continuously pumping out new content every single month. Case in point: this month alone, Netflix is rolling out 29 new original programs.

With Netflix throwing tons of money towards new productions, their costs are rising accordingly. That said, it's perhaps not too surprising that the average cost of a Netflix subscription for new and existing users is going to increase. Recall, Netflix is planning on spending upwards of $7 billion on content next year.

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