Movie rental giant Netflix's decision to raise rates by up to 60% has caused a big stir among some of its 23 million subscribers. Could the higher prices lead to cancellations, slow the company's growth? Are you a subscriber? Share your thoughts about the rate hike on our message board.
The mail-order and online movie-rental company said it's shifting its focus to streaming video, raising some prices and launching a streaming-only plan in the U.S. This follows a successful launch of the same plan in Canada. Investors are delighted.