Why Netflix is in a win-win position as it continues to hike prices

Netflix is on a mission to double its advertising revenue this year. Ben King/Netflix Netflix is getting back to basics after bowing out of the bidding war for Warner Bros. The company has raised prices and is looking to expand its ad business. An analyst said that "there are fewer cancellations than people expect" when streamers raise prices. Netflix is in an enviable spot despite losing the Warner Bros. bidding war. Media analysts are bullish on Netflix's prospects ahead of its first-quar...