Netflix demonstrates pricing power by raising prices while simultaneously growing memberships, rather than trading one for the other. The $1-$38 per month pricing spread across markets suggests room to continue tiered price increases globally without triggering churn. This dual-lever revenue growth—volume plus price—indicates the content library has become sufficiently essential that members absorb increases rather than cancel.
the thesis · admitted · the reason above is the thesis, not printed twice
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedthree sentences · whole, uncut
the claims it rests on · in our words, not the filing’s