Netflix CEO Reed Hastings Talks Streaming Wars, Apple TV+, Disney + and more | DealBook

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  • เผยแพร่เมื่อ 5 พ.ย. 2019
  • Founder and C.E.O. Netflix Reed Hastings talked to Andrew Ross Sorkin at the New York Times DealBook Conference on November 6, 2019.

ความคิดเห็น • 302

  • @alexwhb122
    @alexwhb122 4 ปีที่แล้ว +227

    This guy has great answers. I also love how he's plugging all of his shows throughout the whole interview. Very clever.

    • @RS-kt6is
      @RS-kt6is 4 ปีที่แล้ว +1

      did he plug in Bojack? Which he cancelled?

    • @Dudlers95
      @Dudlers95 4 ปีที่แล้ว +1

      @Bitcoin Beast username says it all

  • @Outta12
    @Outta12 4 ปีที่แล้ว +551

    This guy is a MASTER at answering questions!

    • @thegoonist
      @thegoonist 4 ปีที่แล้ว +36

      this. i am glad im not the only one for whom this aspect kind of stuck out for. he answers the questions not only with empathy, directly, clearly, but he also shows that he has a clear direction, vision, and knows what he and the brand stands for. it shows hes on top of things at netflix, and has a clear idea of where he wants to take it.

    • @koenignero
      @koenignero 4 ปีที่แล้ว +3

      You can learn answering this way. Its training.

    • @Outta12
      @Outta12 4 ปีที่แล้ว +1

      @@koenignero yes! I've had some vvvvery light media training. That's how i can recognize his mastery.

    • @tamie341
      @tamie341 4 ปีที่แล้ว +1

      Yeah fuck the interviewer! What a knob

    • @CarsonHoy
      @CarsonHoy 4 ปีที่แล้ว

      Outta12 where did you do training? That’s cool!

  • @chancemack
    @chancemack 4 ปีที่แล้ว +203

    He is finessing these questions beautifully.

  • @MADMAX7330
    @MADMAX7330 4 ปีที่แล้ว +218

    Thats called answering like a CEO

  • @TrunxKraft3000
    @TrunxKraft3000 4 ปีที่แล้ว +84

    I wish the host didn’t keep interrupting him.

  • @area51reviews
    @area51reviews 4 ปีที่แล้ว +42

    People started to ridicule Netflix for creating Original Content a few years back, but they foresaw the future competition and how to withstand the mega giants ( Apple and Disney ) and survive the war.

    • @theicebooky
      @theicebooky 2 ปีที่แล้ว

      I was part of that ridiculing. Looking back though, I was very wrong and they really are a visionary company!

    • @alecstewart8084
      @alecstewart8084 2 ปีที่แล้ว

      This didnt age well 😂

    • @thedrinkinggamemaker9749
      @thedrinkinggamemaker9749 ปีที่แล้ว

      Are you....making excuses for them?

  • @professorjaybee
    @professorjaybee 4 ปีที่แล้ว +122

    Interviewer: ‘Fear, competitors, Petty, Fear, Controversy’ rolled into question form.
    Reed Hastings: Hold my 🍺 and check out our new show ________

  • @akshaydharmavaram3319
    @akshaydharmavaram3319 4 ปีที่แล้ว +56

    Hats off to the New York Times. This is a fantastic video! I usually don't watch 30 min videos nor do I write comments, but this is just gold. I am writing this comment so that the TH-cam algorithm recommends this to other people. Reed is crystal clear about how he wants to guide the company. No wonder investors value this stock.

    • @neel3665
      @neel3665 3 ปีที่แล้ว

      I absolutely agree. Reed Hashting is a delight to listen to.

  • @brandonkeeler7363
    @brandonkeeler7363 4 ปีที่แล้ว +41

    8:43 “I’ll subscribe, they got great shows.” - Ladies, gents or others this is ultimate confidence is your ability to compete constantly. Every entrepreneur should maniacally utilize their comp’s platforms.

  • @RayfilWong
    @RayfilWong 4 ปีที่แล้ว +25

    "Netflix and Chill" affirms how the brand has become part of pop culture internationally 💡📡

  • @alexstomberg8230
    @alexstomberg8230 4 ปีที่แล้ว +99

    Lol his answer to every question gets redirected to their original content

    • @adiliom5781
      @adiliom5781 4 ปีที่แล้ว +2

      AA Tech he dont give a shit bout no disney plus only money plus 😂😂

    • @tamie341
      @tamie341 4 ปีที่แล้ว +3

      Homie is 10 steps ahead of the rest!

    • @sultanmehairi4554
      @sultanmehairi4554 4 ปีที่แล้ว

      Because Disney plus if it came out 2 years ago would have taken off better than now because Netflix 2 years ago had content that they don’t own but after they began putting their own content out and their original content is what people are hooked on now and know they want to strengthen this

  • @jamal6221
    @jamal6221 4 ปีที่แล้ว +9

    This dude is so smooth answering questions and promoting his company at the same time, he almost makes me want to subcribe to netflix even though I already have an account.

  • @gemelwalters2942
    @gemelwalters2942 4 ปีที่แล้ว +73

    Netflix is like...we don't really care about anyone, we just care about making content for ppl.

    • @kaine3805
      @kaine3805 4 ปีที่แล้ว +3

      thats what they say

    • @gemelwalters2942
      @gemelwalters2942 4 ปีที่แล้ว +4

      @@kaine3805 well he's not trying to throw insults in the way Eiger has so I'll take that. Disney accuses them of not making meaningful content yet they steer clear of anything that even might be controversial. Hypocrisy at its finest

  • @davetesh
    @davetesh 4 ปีที่แล้ว +60

    I’m binge watching these interviews. Keep up the great work!
    We want more business interviews!!

  • @KahylTaymar
    @KahylTaymar 4 ปีที่แล้ว +15

    WHEW! A masterclass. He pivoted and controlled this like a boss.

  • @MrAdrianeagle
    @MrAdrianeagle 4 ปีที่แล้ว +5

    I have a Netflix subscription, but Reed makes me wanna subscribe again

  • @adiliom5781
    @adiliom5781 4 ปีที่แล้ว +13

    man is more focused than rocky on his own originals gotta love it

  • @gemelwalters2942
    @gemelwalters2942 4 ปีที่แล้ว +8

    that's the difference between Netflix and Disney+. Disney + is only interested in locking customers in for weekly releases which is just going back to cable and it's baffling ppl support that

  • @h3684
    @h3684 3 ปีที่แล้ว +2

    This man ladies and gents... Is a one of kind... Take notes.

  • @tigerrx7
    @tigerrx7 4 ปีที่แล้ว +14

    This guy knows what he’s talking about. I have Hulu, HBO, Showtime (trash), and Netflix. And most of my entertainment is on Netflix and HBO. As in, I only watch Hulu when I wanna remember what the logo looks like. Only got it with a Spotify bundle. Not interested in Apple or Disney. Too much content, I’ll just go crazy.

  • @hunterlueck7879
    @hunterlueck7879 4 ปีที่แล้ว +33

    The interview cuts off him so many times.

  • @Disidnte
    @Disidnte 4 ปีที่แล้ว +20

    Is it just me or the volume is very low?

    • @donquixotex
      @donquixotex 4 ปีที่แล้ว

      yes, had to put the closed caption on and it's still driving me nuts

  • @tomashernandez828
    @tomashernandez828 4 ปีที่แล้ว +6

    CEO is total commander of Chill..and this interview!

  • @aryansingh163
    @aryansingh163 4 ปีที่แล้ว +18

    Why does Netflix never recommend me the shows he is referring to

  • @26prahlad
    @26prahlad 4 ปีที่แล้ว +3

    Reed has become an excellent face of a massive public company, his unique style of reframing questions is really something we all can learn from.
    I certainly see why news corporations need multiple 'opponents' going against each other, but if you truly want to make to make sense of the direction premium subscription media is heading, start with the fact that there will be a few winners in the war.
    Today, on average there are 3 subscriptions per streaming household. We are going to see a bunch of new players like HBO Max, Peacock, Quibi and even a service by Discovery and BBC. We are going to have multiple major streaming services, all specialising in a certain type of content, while also offering substantial evergreen, mainstream movies and shows.

  • @BigAirDropper666
    @BigAirDropper666 4 ปีที่แล้ว +5

    This interview clearly shows that Old Economy is based on a linear thinking value chain and the digital economy is fueled by multilateral thinkers and value chains.
    It's a dispute between Local thinking+global impact and Global thinking+global service.
    And the winner is Global thinking + Global Service #Netflix.

  • @tayneilson
    @tayneilson 4 ปีที่แล้ว +11

    this guys is just like, bruh i don't care, we just make the best content for netflix viewers

    • @tayneilson
      @tayneilson 4 ปีที่แล้ว

      @James Mosley II freaking epic

  • @toms_tech
    @toms_tech 4 ปีที่แล้ว +14

    Thumbs up to Reed Hastings.
    Thumbs down to this host.

  • @danjacob5301
    @danjacob5301 4 ปีที่แล้ว +45

    Andrew Ross Sorkin is incredible at his job. Shoutout to him for this, Squawk Box, and Billions.

    • @chancemack
      @chancemack 4 ปีที่แล้ว +4

      Dan Jacob absolutely. He’s a great interviewer.

    • @tamie341
      @tamie341 4 ปีที่แล้ว +7

      Guy is a total douche. Reed makes him look like a knob.

  • @firuznegmat-zade1211
    @firuznegmat-zade1211 4 ปีที่แล้ว +2

    Beautiful energy, beautiful answers! Very smart and calm C.E.O.

  • @beatjunkybg
    @beatjunkybg 4 ปีที่แล้ว +45

    The interviewer needs longer pants, he's really struggling here

    • @whitewhale1000
      @whitewhale1000 4 ปีที่แล้ว +2

      Sebastian lmaooo. That man is a billionaire. He can sit however he would like. His story is amazing. Everyone laughed at him. He stuck through and won 🤷🏽‍♂️

  • @MyInstantSearch
    @MyInstantSearch 4 ปีที่แล้ว +11

    I like how he answers his questions!

  • @KikiCorallie
    @KikiCorallie 4 ปีที่แล้ว +10

    i will choose which ever platform that streams The Office

    • @bbishyy
      @bbishyy 4 ปีที่แล้ว

      Peacock will

    • @suvivares
      @suvivares 4 ปีที่แล้ว +1

      Kiki Corally 👍🏻👍🏻👍🏻😀😀😀😀

  • @DannyDee143
    @DannyDee143 4 ปีที่แล้ว +15

    "why don't you do what we at the NYT think you should do?"

    • @neel3665
      @neel3665 3 ปีที่แล้ว

      Hahahahahaha

  • @tka060681
    @tka060681 4 ปีที่แล้ว +3

    He doesn't care all the nonsense, just trying to make Netflix as best as possible, which I think they did. He is on point, when I switch on the TV, the first thing I did is scrolling through Netflix. I don't think it's realistic to have two streaming service, because most people only have few hours to watch TV a day.

  • @harish8231
    @harish8231 4 ปีที่แล้ว +8

    After watching this show I subscribing Netflix

  • @maheshsnair1
    @maheshsnair1 4 ปีที่แล้ว +7

    he's a gentleman.

  • @rohitbhatia6598
    @rohitbhatia6598 4 ปีที่แล้ว +18

    listening to those smart answers, I have a feeling that years from now he is going to run for the president. :)

  • @chansherly212
    @chansherly212 4 ปีที่แล้ว +3

    Hasting's miscrosoft excel skills must be off the charts , cos' dang he sure can pivot!

  • @LaszloMag
    @LaszloMag 4 ปีที่แล้ว +3

    Hastings might seem to some like an ninja answering these questions (which are pretty tough), but it becomes pretty effortless for him to answer, and should be for everybody else who works at Netflix too, as long as they are dead clear about their values and are 100% focused on their road map. If they are wrong about them is however another question, and is something only time will tell

  • @JJs_playground
    @JJs_playground 4 ปีที่แล้ว +29

    I tried Disney+ for the 1 week trial period, I cancelled it and keeping my Netflix subscription.

  • @paulohero
    @paulohero 4 ปีที่แล้ว +3

    Funny to see Steve Case getting awkward when Reed said that he was wasn’t a believer on Netflix. Lol I love the slight cheap on his shoulder.

  • @kennethhumphrey952
    @kennethhumphrey952 4 ปีที่แล้ว +5

    I plan on using Netflix as long as it's around.

  • @faintscrawl
    @faintscrawl 4 ปีที่แล้ว +7

    13:14 for Hastings's comment on how Netflix is just "entertainment" and doesn't want to ruffle the feathers of murderous tyrants.

    • @letechpreneur6767
      @letechpreneur6767 4 ปีที่แล้ว +3

      That comment was really disconcerting.

    • @Problematist
      @Problematist 4 ปีที่แล้ว +3

      It makes sense since they can't control these tyrants, they can do everything in their power and remove the episode but at the same time make people aware of other living standard globally through all the other stories on Netflix. Kinda badly worded by him tho. And also, the episode is available on TH-cam so there's no harm done.

    • @Brocambro1
      @Brocambro1 4 ปีที่แล้ว

      Not everyone is interested in politics, if you need that go to CNN and Fox I think he is right.

  • @allornonebaby
    @allornonebaby 4 ปีที่แล้ว +2

    He said, "I'll subscribe, they have great shows"

  • @Harlock2day
    @Harlock2day 4 ปีที่แล้ว +6

    The Netflix guys is totally relaxed about the competition and the interviewer asks questions as if only what happens in the states matters and he is sooo far off the truth, Netflix is a global phenomenon, the competition is increasingly far behind , how many of those streaming networks are present in the global market ? Apart from Netflix and Amazon no competitor in sight.

  • @ShiningEyeBrigade
    @ShiningEyeBrigade 2 ปีที่แล้ว

    Just finding out about this series and interviewer, Mr. Sorkin. So impressed.

  • @Obadayasuchiang06
    @Obadayasuchiang06 4 ปีที่แล้ว +9

    He tries to rip him off but handle Like a boss (thug life)🕶️👓🎯 😁☝️🔥🖍️🖌️🎨🙏

  • @infinitecuriosity9210
    @infinitecuriosity9210 4 ปีที่แล้ว +6

    Netflix is still number one in my book. They have incredible quality of content and diverse content. I found Korean shows on Netflix, incredible content, I watch mostly subtitles and I'm Caucasian Canadian. Netflix has the nicest platform to navigate as well. They serve their customers it's obvious.

    • @gemelwalters2942
      @gemelwalters2942 4 ปีที่แล้ว

      Exactly, that's what everyone doesn't get. The US isn't all that matters. One of my most anticipated shows coming next year is Kingdom, a Korean period drama with a zombie element and its so good. I can find these culturally distinct shows I definitely won't find on Disney+

    • @amytsiga8047
      @amytsiga8047 4 ปีที่แล้ว +1

      Exactly , you find diversity . I for one enjoy all the diversity . They have African shows / movies to all the great Hollywood stuff . I like Neflix

  • @alanpolo4017
    @alanpolo4017 4 ปีที่แล้ว +33

    The interviewer needs to work on his interview skills. Kept rudely cutting him off or not elaborating on answers.

  • @sampragyaagarwal6325
    @sampragyaagarwal6325 4 ปีที่แล้ว +5

    I'm waiting for the Netflix Avatar series!

  • @NESherv
    @NESherv 4 ปีที่แล้ว

    I misread, "Netflix CEO Reed Hastings Talks Streaming Wars" as, "Netflix CEO Reed Hastings Talks Stealing Cars".

  • @dinaholzapfel7105
    @dinaholzapfel7105 4 ปีที่แล้ว +2

    Hi Reed!
    This was a great interview and I enjoyed your insight into Netflix’s business. I love how you say that you’re in the “pleasing your members business” as well as focused on making amazing content. But you know what pleases your members and enhances the joy of consuming your amazing content: amazing user experience. And while Netflix really got strong in this area, you’ve really been neglecting even simply executed improvements in the last years. I have many ideas, if Netflix like to sincerely hear some of my wishes for improvement please tell me who to connect with.
    Thanks!! I so hope someone from Netflix reads this because I want to stay a fan but you’re making it hard!

  • @danh5637
    @danh5637 4 ปีที่แล้ว +1

    I think something all of these streaming platforms have missed and Hastings actually touches on it as a negative when I don't think hostically it is, is the idea of linear tv. It's not totally a bad thing, insomuch as I love Netflix and TH-cam etc. And I like it's suggestion engine, recommendations, subscriptions and the like. But actually sometimes I want someone to pick for me, and thats what linear TV does. I want to be able to just turn on my tv (or in this case my computer phone tablet etc) and just watch something, and it maybe something that I wouldn't have picked, or in some cases don't even like or enjoy, but it exposes me to new things that are outside of me and my preferences. Non linear streaming has also created the tyrrany of selection, and what I mean by that, and you see it most prominently in politics, is now we can proactively pick our news sources, we only choose those sources we gel with. So when linear TV was the only option, you either watched the news or you didn't, and you were exposed to a variety of views, now we have created what people call 'the echo chamber' of our own views, and this is causing rifts i society where people cannot get along whilst having different opinions because we've siloed people into ideological islands. Similarly happening now in entertainment and what this will ultimately lead to is more of less. So more content but about fewer and fewer tastes and ideas and philosophies. Basically unless Netflix and the like grapple with this they're sowing the seed of their own destruction because when everything starts becoming more of the same, then why should I use Netflix?

  • @barfymann362
    @barfymann362 4 ปีที่แล้ว +4

    Bill Burr was far ahead when he decided to release his comedy special with Netflix.

  • @leonnoirsr
    @leonnoirsr 4 ปีที่แล้ว

    When the execs started asking questions and throwing shade Reed hit them with the famous Drake line "Just give it time, we'll see who's still around a decade from now."

  • @sweetaddictiontoawesomenes6831
    @sweetaddictiontoawesomenes6831 4 ปีที่แล้ว +1

    CEO, more like a Pioneer of the concept, ask him about direct steaming from Production Studios, and if it's better than what we see at Movie Theaters now

  • @ZackBellGames
    @ZackBellGames 4 ปีที่แล้ว +3

    This dude is a pro.

  • @gabrieldemelo5363
    @gabrieldemelo5363 2 ปีที่แล้ว

    Wow great interview!

  • @caninho1
    @caninho1 4 ปีที่แล้ว

    if one person told me the interviewer is 25, and another one told me he is 45, i would believe them both

  • @Saskiequelle
    @Saskiequelle 4 ปีที่แล้ว

    BOOST THE VOLUME!

  • @sunwang3076
    @sunwang3076 3 ปีที่แล้ว

    Excellent interview

  • @MichaelBDibleyDC
    @MichaelBDibleyDC 4 ปีที่แล้ว +3

    Reed Hastings is fantastic, Andrew needs to learn how to interview elegantly.

  • @illegalalien6542
    @illegalalien6542 4 ปีที่แล้ว +4

    We're basically in the Edo period of pop culture and entertainment

    • @AwomKenneth
      @AwomKenneth 4 ปีที่แล้ว

      lol Edo is a state in nigeria

  • @6s6
    @6s6 4 ปีที่แล้ว +2

    Interviewer needs to listen more, please

  • @neo-anderson
    @neo-anderson 4 ปีที่แล้ว +3

    I need to take lessons on how to answer questions from this CEO

  • @cyberdyne6188
    @cyberdyne6188 4 ปีที่แล้ว +6

    LOL talking about dodging bullets

  • @user-ow5mn6dn7n
    @user-ow5mn6dn7n 4 ปีที่แล้ว

    Very good interviewer

  • @konrain7299
    @konrain7299 4 ปีที่แล้ว +4

    Sad to see a CEO of the one of the most influential media companies is openly and casually OK with censorship.

    • @matija-ziberna
      @matija-ziberna 4 ปีที่แล้ว

      Never watch the Netflix stuff

  • @gokuultrainstinct908
    @gokuultrainstinct908 4 ปีที่แล้ว +1

    He forgot to ask him about the 12 billion debt Netflix has

  • @DavidAxelrodP
    @DavidAxelrodP 4 ปีที่แล้ว +5

    There's so much opportunity to involve tech and social experiences in content. Would be so cool to see other people's (in my circle) thoughts about a show or movie time-stamped. SoundCloud used to do this really well. Otherwise I worry that all the content spend will be only enough to keep people for a marginal month vs Disney's franchises that have replay value. I think back to bird box, fantastic movie that I talked about a lot with my friends when it came out. Haven't heard a word about it since. Content production is a difficult, low margin business. All the while you have some of the best engineers in the valley. It just doesn't make sense to run head on to where everyone else is going vs blazing your own path which is what grew the business so large in the first place.

  • @dv6165
    @dv6165 4 ปีที่แล้ว

    Interviewer: Why did you censor an episode of one of your shows at a dictator's command?
    14:36 CEO: "We don't feel bad about that at all. We want to create a room for all of our entertainment to be able to be seen around the world."
    Comment section: This guy answers questions like a boss.

  • @SunnyGoklani9
    @SunnyGoklani9 4 ปีที่แล้ว

    Did Andrew leave CNBC??

  • @ethanholgate2512
    @ethanholgate2512 4 ปีที่แล้ว

    Why doesn't Netflix include special features for there own content

  • @tg14764
    @tg14764 4 ปีที่แล้ว +2

    was this filmed on an iphone 3gs?

  • @mrchocolate4eva
    @mrchocolate4eva 4 ปีที่แล้ว +6

    it's impossible to live without netflix...everything else is nice to have.

    • @iVince905
      @iVince905 4 ปีที่แล้ว +1

      Rip to you. While everyone else lives

    • @mrchocolate4eva
      @mrchocolate4eva 4 ปีที่แล้ว

      @@iVince905 lolllz

    • @Brocambro1
      @Brocambro1 4 ปีที่แล้ว

      Nice line for Netflix advertisers to steal...lol

  • @antoniobortoni
    @antoniobortoni 4 ปีที่แล้ว

    Netflix park? Netflixland where you can live the real adventure.
    Joking aside, IA animation its the future, it's so powerful that it can make old cartoons new in 3d and better or give animator incredible power for storytelling and it could be working pair to brains sensors and see a response of animations or history in people and choose the better that it will be the more perfect and in the same time create more good physical reaction entertainment. Or extremely addicted.
    IA can find and create the media that people want to see not what people think they want to see.

  • @CassandraDarling
    @CassandraDarling 4 ปีที่แล้ว

    FYI 'Klaus' was AWESOME!!

  • @thedudeabides2531
    @thedudeabides2531 4 ปีที่แล้ว +17

    Netflix's stock dropped by about 3% yesterday because of the news that Disney got 10 million subscribers on the first day. Today, it's back up 2.5% so far. Basically, the smart people are buying up all the shares from the idiots who panicked yesterday. Gotta love people who panic at the drop of a hat. That's when there's a buying opportunity. Fact is, Disney+ is just riding high on the hype. That will fade in several months.

    • @thedudeabides2531
      @thedudeabides2531 4 ปีที่แล้ว +1

      @@JR-yu5tf But it will. The $1 billion a year Disney plans to spend on content for the service is peanuts compared to Netflix. People will get bored with the sparse new content over the next several months. It will become more like a niche Showtime or Starz, not a core streaming service like Netflix. The value is just not there.

  • @David73490MY
    @David73490MY 4 ปีที่แล้ว +2

    "In the streaming wars, you guys have won. Game over, we’ll see how everybody else does" I feel the same towards Netflix...

  • @medmondsr
    @medmondsr 4 ปีที่แล้ว +4

    I wonder what Hassan’s thoughts are about his show being purely for entertainment. He and his team seem to put a lot of effort into being factual and getting their story straight.

  • @brooke4729
    @brooke4729 3 ปีที่แล้ว

    this interviewer I can't lol

  • @theredbus1
    @theredbus1 4 ปีที่แล้ว +2

    The name of that swedish show is Quicksand, not Quicksilver. He's trying to argue that Netflix is not just a volume platform, yet he literally can't remember the names of the shows that his company is producing.

  • @happyicare5053
    @happyicare5053 4 ปีที่แล้ว

    Mis alumnos están enganchadisimos a Netflux

  • @happyicare5053
    @happyicare5053 4 ปีที่แล้ว

    Chapeau

  • @bobinorlando
    @bobinorlando 4 ปีที่แล้ว +2

    On the one hand, when the tired movie business looked like it was in the last stages of a mature industry having failed to drive innovation itself and with ever dimming and declining box office potential in theaters and with DVD revenue evaporating and the risks of betting the house on blockbuster movies growing ever greater, it would seem Hollywood finally found a sucker and from among the very enemies they feared the most - the disintermediaries. So Hollywood dusted off every marginal treatment and script in the library and sent them all to NF, Amazon and the rest of the streaming networks who, lo and behold, manna from heaven, bought them at absurdly high production budgets - or bought them at all - spending not "a small fortune" but a huge fortune - bank breaking total investments with business models that are not tied to viewership and not tied to revenue generation, just dumped into a homogeneous common pot of subscription content at an annual cost that exceeds $35 billion -- $20 billion MORE than Hollywood grosses in a year in the US and almost as much as annual global revenues. Hollywood's enemy has become their best friend, their willing victim and their saving grace. Sheer insanity. Who knew? And how Netflix and Amazon will ever hope make enough money to make a profit on their investments when they all just get dumped into a common pot and left to the devices of subscribers to decide which ones to watch is beyond comprehension. What if no one watches them? No one is forced to watch so it is entirely conceivable that some of this new "content" may go unseen by anyone like books in a library that no one ever checks out. By the time you know whether it's a hit or a dud it's too late. If it's a dud, too late - the money's been spent. If it's a hit - too bad you can't charge more for it and you won't make more from it.
    On the other hand, the lifetime value for even mediocre "content" (nee "movies and tv shows") is enormous because of syndication. Every one of these Netflix Originals or Amazon Originals has a revenue generating future life ahead in syndication on each other's networks, cable networks and local broadcast. We're already seeing it in the third party productions that show up on Amazon for a few years and then move over to Netflix or vice versa (Jack Taylor comes to mind with Season One now on NF while multiple seasons have been on Amazon for several years). This will be the true business model of the streaming networks just as it was for broadcast and Hollywood and it will go on virtually forever finally showing up as reruns on local tv stations at 3 am. A dollar spent on original content that can be syndicated is worth thousands more than a dollar spent on licensing somebody else's content. Sheer insanity may just be sheer genius!

  • @happyicare5053
    @happyicare5053 4 ปีที่แล้ว +1

    The other way studebts told me about a good series in Netflix I have to así them again ,I can't remember tge name

  • @happyicare5053
    @happyicare5053 4 ปีที่แล้ว

    Chapeau😘😘

  • @djhottok
    @djhottok 4 ปีที่แล้ว

    20:36 don't mind me just taking a nap

  • @happyicare5053
    @happyicare5053 4 ปีที่แล้ว

    Chapeauuu

  • @movo2060
    @movo2060 2 ปีที่แล้ว

    Soon, watch any show in the world regardless who makes it

  • @TheMasacure1234
    @TheMasacure1234 4 ปีที่แล้ว +1

    wait till we see Netflix taking on the education problem here in the us

  • @Wellspring604
    @Wellspring604 3 ปีที่แล้ว

    Please improve Netflix Canada because I'm about to switch at the end of my billing cycle this month due to lack of good new content!!

  • @happyicare5053
    @happyicare5053 4 ปีที่แล้ว

    Greetings and big kiss from.here

  • @apapouts
    @apapouts 4 ปีที่แล้ว +46

    This host is the most annoying host i have ever heard in my life.

    • @caninho1
      @caninho1 4 ปีที่แล้ว +2

      they learn all kind of stuff in journalism school. letting people speak out is none of them :)

    • @pholusinvestments7994
      @pholusinvestments7994 4 ปีที่แล้ว

      yea same here
      makes me want to puke

  • @killmedia1279
    @killmedia1279 4 ปีที่แล้ว

    Restaurants are better than they've ever been! San Francisco reports 400 restaurants closed in 2019 alone. Bahah!

  • @dvd7826
    @dvd7826 4 ปีที่แล้ว +2

    Streaming wars the console wars so many wars in entertainment lol

    • @Luztr3
      @Luztr3 4 ปีที่แล้ว +2

      That's what business is.

    • @illegalalien6542
      @illegalalien6542 4 ปีที่แล้ว

      Exactly. We're basically in the Edo period of pop culture and entertainment

  • @andreideac3962
    @andreideac3962 2 ปีที่แล้ว +1

    The guy with the questions is kind of a dummy. Some questions are almost stupid. 🤣🤣. Good answers for sure.

  • @aristotlejrpatel593
    @aristotlejrpatel593 4 ปีที่แล้ว +1

    Blockbuster didn’t adjust. They could’ve been Netflix before it even existed.

  • @mikeomaliko5843
    @mikeomaliko5843 4 ปีที่แล้ว +1

    The justification for taking down the MBS episode sounds like a really good attempt at an appropriate response, but I am still not buying it