Netflix Takes a (Short) Breather

Published on October 20, 2011
by Peter Kafka

We need to take a few deep breaths and not move quite as quickly. But we also don’t want to overcorrect and start moving stodgily.

— Netflix CEO Reed Hastings, reflecting on a very rough couple months, to the New York Times Magazine’s Andrew Goldman. “It’s causing, as you would expect, an internal reflectiveness.”

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