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Netflix CEO Reed Hastings
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The Netflix logo is displayed at the company's headquarters in Los Gatos, Calif., in April 2011. (AP Photo)
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FILE - In this file photo taken Nov. 17, 2010, Netflix CEO Reed Hastings speaks at the Web 2.0 Summit in San Francisco. Netflix is betting that DVDs will soon go the way of the VHS tape. A new, cheaper plan offers movies exclusively by streaming and bypasses the discs by mail and their familiar red envelopes. (AP Photo/Paul Sakuma, file)
