Netflix hikes subscription prices in U.S. and Canada

Netflix is hiking the price of its monthly subscription plans in the U.S. and Canada. The new monthly rates will be effective immediately for new subscribers beginning on Friday. Existing subscribers see the price increases phased in over the coming weeks, depending on their billing cycle. Current subscribers will receive an email and in-app notification 30 days in advance of when the new subscription prices will take effect.J. Clara Chan for The Hollywood Reporter:In the U.S., subscribers to Ne