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Netflix to Outperform Wall Street Projections, Stock Soars 50% in 3 Weeks

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On January 17, Netflix raised its subscription fees by $1 to $2 following an ambitious decision to invest in a wider range of programs and shows. The move comes after the company decided to increase the yearly compensation of Netflix chief content officer Ted Sarandos to $31.5 million, making him one the highest paid producers

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