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Update, 7:30 p.m.:A McDonalds ad during an episode ofStranger Things?

Company founder and co-CEO Reed Hastings made the shocking announcement Tuesday while being interviewed for a quarterly earnings call.

Im a fan of consumer choice, the exec said.

So thats something were looking at now.

One executive at a competing company offered a three-emoji text in response to news of Netflixs negative growth: .