Netflix's Not So New Normal

Plus: Did Christopher Nolan Kill the Movies?

There are two pieces of received wisdom in Hollywood right now: Movies are dead and Netflix is officially the future.

Given the evidence of this very moment, it's hard to argue with either of those.

This stock analyst's advisory sums up the commanding position:

Pivotal Research boosted its price target on Netflix (NASDAQ:NFLX) to $650 from $600, noting th…