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Netflix woes could be just the start of an investor reckoning
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Netflix has proved quite adept at pleasing the masses. Finding more of them is getting to be the real problem.
Both dynamics were evident in the streaming giant's fourth-quarter results Thursday afternoon. Netflix added nearly 8.3 million new paid subscribers during the quarter -- its best growth in a year as the company has dealt with the aftermath of the pandemic's pull-forward effect.
But...
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