Netflix (NASDAQ: NFLX) announced plans to raise prices for most of its services, and the market is reacting fantastically to the news. In this Industry Focus clip, we explain exactly what Netflix is changing, how long it’ll take to roll the changes out, what the $1 to $3 changes are likely to mean for the company’s bottom line, how customers are reacting — or not reacting — to the increases, and more.
A full transcript follows the video.