Netflix is raising the price of its streaming service by a dollar, it announced Friday. In an email to subscribers, the company revealed that the price of its streaming plan would increase from $7.99 a month to $8.99 a month for new members. Existing subscribers will be able to continue to pay the same price for their streaming plan for two years, the email added. Netflix CEO Reed Hastings said last month that the company would raise subscription prices for new customers by one or two dollars a month within the next few months. | Read More