Netflix raises ‘subscription prices’ as it adds 9 million subscribers
By
Neha Kumari
Netflix raised subscription prices for some of its streaming plans in the United States, Britain and France on Wednesday as it shattered new customer expectations, sending its shares soaring 10%.
The company picked up nearly 9 million new customers around the globe, surpassing the 6 million consensus forecast of Wall Street analysts surveyed by LSEG.
Netflix credited the gains to its crackdown on password-sharing and a steady flow of new programming such as global hit “One Piece.”