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Netflix, Inc. (NASDAQ:NFLX): Current Price: $181.40
Yesterday, Netflix, along with Flavor Unit Entertainment, the production company owned by Queen Latifah and Shakim Compere, announced an exclusive licensing agreement for movies in the US. In the first-look deal, Netflix is to have its pick of movies that are to debut on the world’s leading Internet television subscription service shortly following theatrical release from the company that produced movies like “Bringing Down the House” and “Beauty Shop”. In Spring 2013, Netflix members will have the ability to exclusively enjoy Flavor Unit titles.
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