BUSINESS DAILY - Netflix signals price rise despite record profits
- 10 years ago
Online video streaming service Netflix has indicated it will increase prices "by a dollar or two" for new customers, despite reporting record profits of $53 million for the first three months of the year. Netflix also plans to expand its operations outside the US to countries including Germany and France. Also today: French unions are bracing themselves for unpleasant surprises on Wednesday, when the government unveils details of its plan to cut €50 billion in public spending.
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