Netflix Isn’t Headed Toward a Happy Ending

Netflix Isn’t Headed Toward a Happy Ending

Netflix is contending with a slowdown in net subscriber growth, rising churn and higher competition ahead of Monday’s third-quarter earnings report

By
Steven Russolillo
Oct. 16, 2016 1:03 p.m. ET

“We apologize for the volatility.”

Corporate executives usually don’t utter those words. Yet that is how Netflix Inc. boss Reed Hastings closed his earnings call in July, a nod to the sharp moves that have buffeted the streaming service’s share price.

Netflix’s shares remain down by more than 10% this year. Some of that is a giveback from...

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