Weak customer additions weigh on Netflix shares

(Reuters) - Netflix Inc's shares looked set to open more than 13 percent lower after the video streaming company signed up far fewer subscribers than expected in the second quarter. Netflix, which has been phasing in price rises for existing customers by $1.00 or $2.00 per month, said on Monday that cancellations "ticked up slightly and unexpectedly" in early April as it rolled out a so-called "un-grandfathering" strategy. Netflix, which has 78 million subscribers in more than 190 countries, sai