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Netflix gains more subscribers

SAN FRANCISCO: Netflix on Wednesday said subscriber numbers grew nearly 11 percent to 247 million in the recently ended third quarter as it cracked down on password sharing and refined an ad-supported tier.

The leading streaming service said it is increasing the price of its basic plan in the United States to $11.99 monthly and its premium plan to $22.99, with similar price 'adjustments' set for Britain and France.