At a media conference today, Netflix (NFLX -18.9%) content chief Ted Sarandos sounded...

|By:, SA News Editor

At a media conference today, Netflix (NFLX -18.9%) content chief Ted Sarandos sounded unapologetic about the company's price hike, even as shares are crushed following a weak subscriber forecast. BTIG speculates the adverse customer reaction to the hike may have affected Netflix's failed bid to hold onto Starz's library. (previously)