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Netflix CEO flags subscriber growth below expectations

Co-CEO Ted Sarandos said subscriber and business expansion have not matched his expectations and Netflix continues investing in live programming.

NFLX

Netflix (NFLX) is aiming to improve its growth rate, with co-CEO Ted Sarandos saying subscriber and business expansion has fallen short of his expectations. He said the streaming company is continuing to invest in live programming, according to remarks at the Bloomberg Screentime conference in Los Angeles on Wednes…