/ The company has effectively replaced cable all on its own. And it’s going to start charging like it.
Illustration by Nick Barclay / The Verge
Whenever Netflix raises its prices — which seems to happen roughly as often as Ben Affleck falls in love with an A-list celebrity — the company always gives the same reason. It needs the extra money, you see, in order to keep investing in the kind of programming and product its 302 million subscribers demand. That’s how the standard
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