Comment on Netflix's new subscribers to pay higher rates

Netflix's new subscribers to pay higher rates

The last time Netflix changed prices in 2010, the Los Gatos company stumbled badly, prompting angry subscribers to bolt and wary investors to send its stock into a months-long tailspin. In a letter to investors issued with Netflix's quarterly earnings report, Hastings said the company would raise fees later this quarter for new subscribers, but keep existing U.S.

 

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