Member Mailing: Streamers Hit a Dead-End (Macro) & Consumers Hit Dead-Ends In Streaming (Micro)

“Well, it’s a bitch,” Netflix Chairman and Co-Chief Executive Reed Hastings said of the results while addressing employees in a town hall on Wednesday afternoon, according to people familiar with his remarks.

One could look at all this market chaos and its disproportionate impact on media companies - if not Netflix in particular (the quote, above)- and b…