Ron Burgundy Posted October 16, 2014 Share Posted October 16, 2014 By Lisa Richwine (Reuters) - Netflix Inc signed up fewer video streaming subscribers than forecast for the quarter that ended in September as its U.S. growth slowed markedly, sending its shares plunging as much as 27 percent. The company blamed a $1 price hike to $8.99 a month for discouraging new sign-ups. It lured 3.02 million new streaming customers globally, versus the 3.69 million it projected in July. Netflix attracted about 980,000 new customers in the United States, its largest market, down from 1.29 million in the same period a year earlier. ... View the full article Quote Link to comment Share on other sites More sharing options...
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