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This content was originally published by MarketWatch.com - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By MarketWatch.com - Top Stories
While investors may have paid more attention to Netflix Inc.’s disappointing forecast for the second half Thursday afternoon, the promotion of Chief Content Officer Ted Sarandos to co-chief executive may be the bigger news of the day because of what it says about Netflix and where it is headed.