Netflix Could Raise Prices By 60% On Unlimited Plan

According to a report from Engadget, Netflix NFLX could be raising its prices for unlimited plan with streaming movies and physical DVD's to $15.98 per month, up from the current $9.99 per month that has been in place since November. According to the anonymous tipster, the pricing change could take place as early tomorrow night at 9 p.m. At last check, shares of NFLX are off 24 cents to $290.50.