Netflix said they could increases monthly prices for new members later this year[GETTY]It comes after Netflix increased prices in Ireland by almost a pound in January and said any other subscription hikes would vary between countries.
The letter by CEO Reed Hastings and CFO David Wells said: "Our current view is to do a one or two dollar increase, depending on the country."
It added that current customers could continue paying the monthly fee as it is priced at the moment "for a generous time period".
Netflix said their increase in membership was partly due to the success of House of Cards season two [GETTY]Our current view is to do a one or two dollar increase, depending on the country
The letter said that increasing prices would help Netflix "acquire more content and deliver an even better streaming experience."
Netflix have 48million members across the globe but said they are setting their targets in line with US cable and satellite channel HBO.
The letter added: "We are approaching 50 million global members, but that is far short of HBO's 130 million."
Netflix also said there increase in membership was partly due to the success of a "big hit" with House of Cards season two.
Amazon Prime also announced that they will have HBO shows like The Sopranos available to stream [AP]Award winning dramas The Sopranos and The Wire will be coming to customers of the Amazon Prime streaming service from May 21.
Newer shows like Girls and Veep will be broadcast three years after they were first aired.
Popular fantasy show Game of Thrones has not been mentioned by Amazon as being part of the deal.
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