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Tuesday, January 24, 2017
Netflix Posts $8 Million Q4 Profit

Netflix Jan. 23 posted fourth-quarter (ended Dec. 31) net income of $8 million, down 77% from net income of $35 million during the previous-year period.

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Apple Fiscal Q1 Profits Flat

Apple reported a profit of $13.1 billion for the fiscal first quarter of 2013 (ended Dec. 29), flat compared with the $13.1 billion it reported during the same quarter in 2012.

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CEO Hastings: Hulu, Amazon, Redbox No SVOD Substitute to Netflix

In the burgeoning battle for supremacy in the subscription video-on-demand market, pioneer Netflix wasted little outlining in a Jan. 23 letter to shareholders how far ahead of the competition it is.

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Taken 2 'Taken 2' Takes the Top Spots on the Sales Charts

'Taken 2' easily captured the top spot on both the Nielsen VideoScan First Alert sales chart, which tracks overall disc sales, and Nielsen’s dedicated Blu-ray Disc sales chart.

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