Unfortunately we’ve got some bad news for Netflix users

We unfortunately have some bad news for those Netflix users amongst you, it turns out we may have to get ready for a hike in prices.

According to the Gaurdian, Reed Hastings the Netflix CEO said subscribers should get prepared for an increase in their monthly TV streaming costs. 

The company has 65 million subscribers and a higher than expected income but they are still planning to hit fans of the service with the news.

Reed told investors on Wednesday that they are planning on pushing users towards a higher price plan in the US in the next few years.

The company doesn't seem like they need to higher the prices as they have made €838 million already this month. 

It seems that Netflix will also become less tolerant of people widely sharing their passwords across different devices.

But don't worry, this isn't coming for a while. Netflix intend to bring in this change as slow as over the next decade.