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Netflix Plans Price Raise as Streaming Subscribers Grow(Reuters)
Video streaming service Netflix Inc. said it intends to raise its subscription price for new customers by $1 or $2 a month to help the company buy more movies and TV shows and improve service for its 48 million global subscribers. WSJ Netflix said the price increase for the $7.99 a month service, the first since 2011, would help pay for its continued investment in original programs, including series such as House of Cards and Orange Is The New Black.

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