“When you are this high above the competition, everything can look like a warning signal,” says Stephen Kent ahead of Netflix’s (NFLX) earnings. He thinks Netflix is under pressure to keep expanding their offerings, with consumers looking for games and short-form content. Seth Schachner disagrees about reinvention, thinking Netflix needs to push farther into advertising, price hikes, and premium tiers. He expects Netflix to be a cornerstone of Hollywood going forward.