Netflix Rethinks Hollywood Ambitions After Film Flop

MarketWatch: Netflix is spending big money to produce or procure prestigious films, but execs seem to be rethinking their approach to Hollywood with an eye on getting an actual return on the investment. CEO Reed Hastings made a rare admission of a flop, “Crouching Tiger, Hidden Dragon: Sword of Destiny,” and said more bang is needed for Netflix’s bucks.