There was a time when Netflix was praised as a service heading up the cord cutting revolution and saving consumers money while still delivering premium content; but the mass media has decided to turn its back on the firm, taking its latest results and whipping it up into a frenzy of failure. The truth is clear for all to see, that Netflix achieved growth in the second quarter. Exactly as with Netflix’s Q1 results, investors wanted and expected more and although Netflix still managed to add 160,000 subscribers in the US, and 1.7 million new subs worldwide in Q2, there has been a knock on effect on its share price since the results – down 13% to $85.84 as of…