Can Netflix survive in the new world it has created?

ONE night in early January, at 9pm, a dozen Netflix employees gathered in the cavernous Palazzo ballroom of the Venetian, in Las Vegas. They would be making an announcement the next morning at the Consumer Electronics Show, the tech industry’s gigantic annual conference.
For the previous year, Netflix had been plotting to expand its streaming entertainment service, then accessible in 60 countries, to most of the rest of the world.