Still bloodied by one of the worst self-inflicted corporate disasters in recent memory—last year’s $12 billion wipeout—Netflix C.E.O. Reed Hastings remains adamant about his goal: moving from red envelopes to streaming video. With Hollywood hailing his vision and needing his business, Netflix has started to rebound. But not everyone is sold. Read story here by William D. Cohan; photo Illustration by Sean McCabe.

Still bloodied by one of the worst self-inflicted corporate disasters in recent memory—last year’s $12 billion wipeout—Netflix C.E.O. Reed Hastings remains adamant about his goal: moving from red envelopes to streaming video. With Hollywood hailing his vision and needing his business, Netflix has started to rebound. But not everyone is sold.

Read story here by William D. Cohan; photo Illustration by Sean McCabe.