Netflix is likely to hike prices, but not anytime soon, says CEO

Netflix added more new subscribers than expected,  a quarter after the online streaming services company raised prices.There's no plan to raise prices again right away. That will likely happen, but only when Netflix has earned it, company executives said Monday.Netflix's value the most popular plan currently costs $10.99 monthly, $13.99 gets you 4K video really depends on how good the service is compared to its competition, said CEO Reed Hastings during an interview Monday after the company released its first-quarter financials. Those prices represent $1 and $2 price increases, instituted last fall.

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