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PursuitsDealsFrom Anime to M&A, How Netflix Plans to Spend $8 BillionStreaming leader promises more films, deals, ugly sweatersThe company will release more than one new movie a weekNetflix Scores Its Best Third Quarter on Record ByLucas Shaw+FollowOctober 17, 2017, 4:01 AM UTCUpdated onOctober 17, 2017, 1:50 PM UTCArrayWhile 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.