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Netflix Prepared To Pay More For Movie, TV Deals

Netflx CEO Reed Hastings
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June 1, 2011 11:50 a.m.
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Netflix’s audience has grown so rapidly that it now has to pay much larger sums to license movies. The innovative movie rental and streaming company now has 23 million customers, edging it ahead of Comcast’s subscriber base of 22.8 million.

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Sarah Lai Stirland
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