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Netflix Subscriptions Drop, Despite Price Cut

The quarterly number of Netflix subscribers has gone down for the first time since the online DVD rental company's inception. Though the 6.8 to 6.74 million drop was small, it was enough to push the stock price down 16 percent yesterday from 6.8 to 6.74 million -- egged on, no doubt, by the recent $1 price drop in Netflix's most expensive plans. Netflix, which pioneered the online DVD rental ...