Netflix Increasing Prices, Thinks Comcast-Time Warner Merger Is A Terrible Idea

Everybody panic: Netflix is raising prices! This afternoon, the company released its latest earnings report, where the company told the world about its $53 million quarterly profit and impressive growth in subscriptions. That’s all very interesting, but not what we at Consumerist are interested in. We care about one other piece of information that Netflix mentioned: they plan to raise prices for the first time in years.