Netflix at Risk of Massive Subscription Cancellations

MarketWatch: Netflix is at risk of losing hundreds of thousands of customers as the price hikes it began in May extend to current subscribers through the rest of 2016. The streaming service has seen its costs rise sharply as it invests more in original films and series while launching a global expansion. Nomura analyst Anthony DiClemente expects Netflix could lose 480,000 subscribers in the U.S.