Netflix on the rise.

Netflix reported a 16% increase in quarterly revenue to $10.3 billion as live sports programming and the highly anticipated new season of “Squid Game” helped propel its number of subscribers above 300 million. The streaming giant added 19 million paying subscribers in the period, its largest quarterly gain. Netflix also said it is raising prices, increasing the premium subscription by $2 to $24.99. The stocksoared more than 14% in after-hours trading.