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From Anime to M&A, How Netflix Plans to Spend $8 Billion

  • Streaming leader promises more films, deals, ugly sweaters
  • The company will release more than one new movie a week
Bloomberg business news

Netflix Scores Its Best Third Quarter on Record

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While competitors race to catch up with Netflix Inc., the largest online TV service in the world is adhering to a simple strategy to maintain its lead: you have to spend money to make money.