It'll Cost More to 'Netflix and Chill' in CNY

If you were hoping to binge watch the last season of Stranger Things, be warned, the price is going up. Netflix is raising prices on two of its most popular streaming plans.

According to Yahoo Finance, 53 million Netflix subscribers will see prices go up.

Netflix will raise the price to $11 per month instead of $10 for a plan that includes HD and allows people to simultaneously watch programs on two different internet-connected devices.

The price for another plan that includes 4K ultra-high definition video, is going up to $14 from $12 a month. A plan that limits subscribers to one screen at a time without high-definition will remain at $8 a month.

Analysts say this move is an effort to increase revenue so Netflix can continue to provide original content, including shows like Stranger Things.

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