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After hitting a record high earlier in the day, Netflix (NFLX) stock reversed on Monday over concerns about securing enough content to keep its Internet TV service compelling for subscribers. Speaking at the UBS Global Media & Communications Conference in New York, Netflix Chief Content Officer Ted Sarandos said his company is ramping up its original TV show and movie production as it struggles to license content from the major studios. Netflix Scalper1 News
Scalper1 News