Netflix: The House (Of Cards) That Reed Hastings Built

Making a Killing with Bethany McLean

Bethany talks with WSJ reporter Sahil Patel about the future of Netflix. Netflix is an incredibly aggressive company with a long term plan to monopolize all our time. There is no chilling going on. CEO Reed Hastings often describes Netflix’s business as a virtuous cycle, saying “We get more customers, we get more money, we can afford more content, we get more customers.” But here’s the thing about virtuous circles: They can turn vicious. Bethany and Sahil discuss what it will take for Netflix to maintain its dominance in the face of extreme competition and many vulnerabilities coming to light.

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