16-07-2015 01:17 via feeds.theguardian.com

Netflix CEO tells subscribers to brace for higher-priced plans in the future

Reed Hastings announces stronger-than-expected earnings and 65m subscribers but firm is considering how to push consumers toward more expensive plansNetflix CEO Reed Hastings told investors on Wednesday that the company was preparing to carefully push consumers toward higher-priced plans in the US in the coming years.Share prices slipped early in the day and then soared more than 10% on after-hours trading as the stronger-than-expected second-quarterresults were announced. The company’s stock
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