The Qwikster debcale makes Netflix (NFLX +4%) wary of raising prices for now, says CFO David...
The Qwikster debcale makes Netflix (NFLX +4%) wary of raising prices for now, says CFO David Wells at a JPMorgan conference. "We're still mindful that any negative pricing things could set that fire off again." Wells acknowledges Arrested Development's May 26 launch (previous) "might have an impact" on Q2 subscriber adds, given its "very, very loyal fan base," but tries to temper hopes for a surge. Unsurprisingly, Netflix has no plans to sell ads. The company remains in talks with Epix and Viacom; a deal with the latter will expire this month.
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