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It Turns Out Netflix Was Right to Raise Prices

Over the last three months, Netflix has added millions of subscribers, and earned billions of dollars in revenue. This strongly suggests that its decision to raise prices for existing subscribers hasn’t harmed the company in the slightest. Netflix has revealed its financials for Q3 2016. They show that Netflix gained 3.6 million new subscribers and took in $2.2 billion in revenues during that time period.
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