Netflix Won't Raise Current Members' Pricing for 2 Years

 By 
Todd Wasserman
 on 
Netflix Won't Raise Current Members' Pricing for 2 Years
In this April 22, 2011 file photo, the logo of Netflix is displayed at the headquarters in Los Gatos, California. Credit: Paul Sakuma

Netflix members woke up Friday to some good news: The company doesn't plan to raise prices on current members for another two years.

Many current members received the following email Friday, explaining how such subscribers are exempt from a price increase affecting new users:

Mashable Image
Credit: Netflix

Netflix has bungled such communication in the past. The company alienated and confused members in 2012 when it announced a plan to unbundle DVDs and streaming, leading to a 60% monthly price increase.

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The miscommunication and bad press hit the company hard, halving Netflix's value within two months.

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