Netflix raising US prices by 10 pct for most popular plan
SAN FRANCISCO (AP) " Netflix is raising the price for its most popular U.S. video streaming plan by 10 percent" a move that could boost its profits but slow the subscriber growth that drives its stock price.The change announced Thursday affects most of Netflix's 53 million U.S. subscribers.WHAT GOES UPNetflix will now charge $11 per month instead of $10 for a plan that includes HD and allows up people to simultaneously watch programs on two different internet-connected [...]
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