Netflix to Be Cast in the Role of Bad Guy Next Year

Breakingviews: Netflix will be recast in the role of the bad guy next year. The video-streaming service was once derided as the “Albanian army” by Time Warner boss Jeff Bewkes, but now is worth roughly the same $55 billion as his company. With some 69 million subscribers worldwide, it may be too late for media bosses to do much about this beast they helped create.