Netflix shares climb on hikes in subscription plans 

The streaming service has raised the price of some of its streaming plans in the US, Britain, and France

Netflix has hiked prices on some of its subscription plans. 

Netflix raised subscription prices for some of its streaming plans in the US, Britain, and France, a move to boost revenue in a competitive streaming market. Shares of Netflix rose nearly 7% in after-hours US trading on Wednesday night.

The premium ad-free plan, which allows four streams at the same time, increased by $3 (€2.84) per month to $22.99 in the US. The one-stream basic US plan rose by $2 per month to $11.99.