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Netflix raises prices for U.S. subscribers: AP

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Reuters

(Reuters) - Netflix Inc is raising prices for its subscribers by 13 percent to 18 percent in the United States, its biggest increase since the company launched its streaming service 12 years ago, the Associated Press reported https://www.apnews.com/76214d0d5b1a4d0890a2d3040a3ddb33 on Tuesday.

Shares of Netflix, which is scheduled to report its fourth quarter earnings on Thursday, rose 5.5 percent to $351.21 in premarket trading.

(Reporting by Vibhuti Sharma in Bengaluru; Editing by Anil D'Silva)

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First Published: Jan 15 2019 | 8:08 PM IST

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