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Bloomberg Businessweek Weekend - October 22nd, 2022

Bloomberg Businessweek

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Netflix's Coming Makeover

Investors embraced the latest earnings out of Netflix this past week in a big way. The streaming leader saw shares jump by double digits after announcing it had added 2.41 million customers in the third quarter that exceeded internal forecasts as well as expectations on Wall Street by a mile. Meantime, the company is set to launch its advertising supported $7 monthly subscription plan.

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