MOVING ON: Netflix CEO Reed Hastings believes the decisions that have dragged down his company in recent months eventually will be forgotten like a bad movie made by a great film director.
THE LONG TERM: Hastings says people will ultimately care whether Netflix succeeded in expanding streaming video over high-speed Internet connections in the U.S. and elsewhere.
THE CHALLENGES: The backlash has caused subscribers to flee. As a result, Netflix isn’t bringing in as much money as it hoped to pay for an expansion in in Latin America and Great Britain and cover rising fees to license content for streaming.
