As the streaming video market grows ever more competitive, Netflix has jacked up the prices on two of their plans. The monthly price of the Standard plan, which offers HD video and two simultaneous streams, has been raised by one dollar from $9.99 to $10.99. The Premium plan, which allows Ultra HD and 4 simultaneous streams, will now cost $13.99 instead of $11.99. The standard plan, offering 1 stream and standard definition video, remains priced at $7.99.
The new prices are in effect right now for new subscribers, while current subscribers will be notified 30 days in advance of when their price will change.