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Netflix Blames Chipped Credit Cards for Slow Growth

Netflix Blames Chipped Credit Cards for Slow Growth

Oct. 15 -- Netflix reported third-quarter U.S. subscriber growth that missed analysts’ estimates as the introduction of new chip-based credit cards cut off some customers. Profit also fell short as the company sped up the recognition of some programming costs. Bloomberg Intelligence's Paul Sweeney reports on "Bloomberg ‹GO›."