Netflix stock tanks after cutting subscriber outlook

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Online streaming site Netflix told investors Thursday that it has revised its projected subscriber numbers by almost 1 million following a controversial change to the company's pricing plans.

In July, the company announced that it would change its pricing structure and no longer offer its popular joint streaming and DVD-rental plan, opting instead to split unlimited streaming and DVD rentals into two different tracks. The decision upset customers and has clearly had an impact on the service's subscriber base.

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