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Netflix to hike prices on standard, ad-supported streaming plans

1. Netflix increases U.S. subscription prices across most plans. 2. Standard plan rises from $15.49 to $17.99 monthly. 3. Ad-supported plan price increases from $6.99 to $7.99. 4. Price hikes also affect plans in Canada, Portugal, and Argentina. 5. Price adjustments aim to boost subscriber revenues.

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FAQ

Why Bullish?

Price increases can drive higher revenue, improving Netflix's financial health. Similar past hikes resulted in positive stock reactions.

How important is it?

The price increase is significant for revenue and stock value, impacting overall performance.

Why Short Term?

Immediate revenue effects from price changes will be seen quickly. Longer-term effects depend on subscriber retention.

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