Is Netflix Too Big to Fail?

Macron’s Tenuous Hold on France • Trump’s New Punching Bag • Elizabeth Warren Versus Beto [View this email in your browser]( [Advertisement]( [Powered by LiveIntent]( [AdChoices]( Is Netflix Too Big to Fail? Good morning, dear reader! Wall Street is [turning bearish]( on Trump’s high-beta presidency. John Kelly is leaving the White House [without a Plan B](. And Jared Kushner has a [secret plan]( to bring peace to the Holy Land. But who wants to talk about yesterday’s news, anyway? Today, we lead with Nick Bilton’s sobering assessment of Netflix, the debt-laden streaming service that may have become too big to fail. Abigail Tracy scrutinizes the curriculum vitae of William Barr, Trump’s nominee for attorney general. And Tom Sancton reports on la révolution in France, where a small army of Robespierres has cut Emmanuel Macron’s ego down to size. We hope that you’re enjoying what you’re reading. Have a great day! [Man at a conference table with paper money]( [“Disrupting Hollywood with The Christmas Chronicles”: Can Netflix Keep Out-Netflixing Its Rivals?]( By [Nick Bilton]( [Is the once-indomitable streaming giant becoming increasingly vulnerable? Or is it too big to fail?]( [“I Don’t Think He’d be a Shrinking Violet”: Will William Barr Show Trump Who’s Really Boss?]( By [Abigail Tracy]( [Barr comes with his own long history and baggage, but Justice Department veterans describe him as a pedigreed lawyer with the stones to stand up to the president.]( [“Too Little, Too Late”: Can Macron Survive His Nation’s Rage?]( By [Tom Sancton]( [As France is roiled by the violence, momentum, and expanding demands of the yellow-vest protesters, the nation’s princely president may be facing a one-term reign.]( [Washington Still Has No Clue How to Talk About Tech]( By [Maya Kosoff]( [Congress could have pressed Google C.E.O. Sundar Pichai for real answers. Instead, lawmakers obsessed with “bias” whiffed at another chance to hold Silicon Valley accountable.]( [Elizabeth Warren to Beto: Get Off My Lawn!]( By [Tina Nguyen]( [Warren’s 2020 efforts highlight the advantages, and the limits, of a first-mover strategy.]( [Advertisement]( [Powered by LiveIntent]( [AdChoices]( [Facebook]( [Twitter]( [Instagram]( [LinkedIn]( This e-mail was sent to you by The Hive. To ensure delivery to your inbox (not bulk or junk folders), please add our e-mail address, [vanityfair@newsletter.vf.com]( to your address book. View our [Privacy Policy]( [Unsubscribe]( Copyright © Condé Nast 2018. One World Trade Center, New York, NY 10007. All rights reserved.