Netflix shares stream to all-time highs
NEW YORK (AP) " Shares of Netflix are streaming to new highs a day after the company announced its first true price hike in years.That's a far different result compared with 2011 when Netflix separated its streaming and DVD-by-mail service and raised prices.About 600,000 customers fled and its stock price plummeted by 80 percent.But Netflix, based in Los Gatos, California, is a different animal today. The production powerhouse landed more Emmy nominations this year than [...]
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