IT'S GONNA COST MORE TO NETFLIX AND CHILL

The streaming service sent emails this week to US subscribers about a price increase that starts in their next billing cycle.

Netflix announced the price hikes in January, and said the increased revenue will help the streaming service add more television shows and movies.

The email to subscribers is a reminder that each of Netflix's plans in the United States will increase between $1 to $2. The price of the basic plan will rise from $8 to $9 per month, the standard plan that includes HD streaming on two devices will go from $11 to $13 per month, and the price of its premium plan will increase from $14 to $16.

Netflix will also face several new competitors in 2019.

Apple recently unveiled TV+, its own streaming service that will feature original content, including two docu-series from Oprah Winfrey and a drama that stars Reese Witherspoon, Jennifer Aniston and Steve Carell. That service doesn't yet have a release date. Disney, NBCUniversal and WarnerMedia, CNN's parent company, all plan to launch streaming services this year, too.

Basically, it just got a little more expensive for those of us who literally Netflix and chill.

Steven Lewis

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