05-10-2017 20:01 via yahoo.com

Netflix ups U.S. fees for first time since 2015

(Reuters) - Netflix Inc's U.S. business announced the first rises in monthly fees in two years on Thursday, hiking costs for two of its three main subscription plans as it spends heavily on its own original content."Most investors believe that Netflix is priced well below its value to consumers and want to see the management continue to increase monetization," Rob Sanderson analyst at MKM Partners said.In 2011, Netflix raised prices for some customers by as much as $6, causing more than 800,000
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