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Netflix's largest-ever US price hike boosts stocks

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Wall St was driven higher by a surge in Netflix's share price, after the company said it would raise subscription prices by 13-18 per cent in the United States.

 

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There's a war on streaming services, Stan, Netflix, 9Now, Amazon and dear old Disney. Sides have to be chosen & stock price jumping is significant in this arena. This is news, not a promotion. MyThoughtsEntirely ABCNews

What is it with ABC's constant referral to Netflix ?.

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