Netflix’s appetite for original shows and films, and the ballooning budget they require, has drawn criticism from skeptics, but CEO Reed Hastings doesn’t believe the industry is in a bubble. In an interview with New Yorker editor David Remnick at the TechFest conference, Hastings explained that twice as many TV shows are made today than five years ago, and Hastings pinned the […]
Netflix CEO Reed Hastings: The movie industry is a tragedy and there is no content bubble
Venture Beat - 7 Oct 2016 20:52
Netflix’s appetite for original shows and films, and the ballooning budget they require, has drawn criticism from skeptics, but CEO Reed Hastings doesn’t believe the industry is in a bubble. In an interview with New Yorker editor David Remnick at the TechFest conference, Hastings explained that twice as many TV shows are made today than five years ago, and Hastings pinned the […]
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