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What we know about the Netflix price hike

Chief Executive Reed Hastings provided hazy details about Netflix's planned rate hike, which he downplayed as modest, during a webcast Monday discussing the company's first-quarter results.

"You're talking about a dollar or two difference," he said.

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Gondee2469d ago

Honestly, this is nothing,Netflix make almost no net profit. If it means continuing to fight ISP's (for us) and content companies then by all means, hike the price a little.