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Netflix raises monthly subscription prices in U.S., Canada

Yahoo! Finance
LOS ANGELES (Reuters) -Netflix Inc has raised its monthly subscription price by $1 to $2 per month in the United States depending on the plan, the company said on Friday, to help pay for new programming to compete in the crowded streaming TV market. Prices also went up in Canada, where the standard plan climbed to C$16.49 from C$14.99. Shares of Netflix rose nearly 3% to $533.84 on Nasdaq after Reuters broke the news of the price rises.
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