Hi, everyone, welcome to the A6 and Z podcast. Today's episode features a Q&A with Ted Sarandos,

chief content officer at Netflix, which evolved from a company that sold DVDs by mail to streaming

to including original programming, which is now an over $7 billion investment for them.

The interview conducted by Mark Andreessen covers everything from a company culture bridging entertainment and tech

and the risk-reward frameworks involved in big changes and decisions to betting on talent and the internet of taste,

given it's now in over 190 countries.

The conversation took place in November 2017 at our annual summit event.

Other talks in the series can be found on our website

at A6NZ.com slash summit. Ted is in a very relaxed mood this morning because his phone stopped working.

I have no phone. I'm deviseless. And so he's entered that sort of Zen-like state where he's suspended

between total anxiety and absolute peace and calmness, which is good for the topics we'll be talking

about. So we're thrilled to have Ted here, working, of course, with CEO founder, Reid Hastings,

so we were lucky enough to have at this event last year. Ted has not only built Netflix into a massive

commercial and creative force. By the way, it was not that long ago that it was considered

inconceivable that a company Silicon Valley could make any content that was any good.

Like the running joke literally was like, what are we going to do? We're going to film like a

Cisco, like router instruction manual. It was just an absurd idea. And so for Netflix in the heart

of Silicon Valley to do what is done. And at this scale, you know, it's just really an extraordinary

accomplishment. I also think Netflix, even beyond that, it's catalyzing the most dramatic period of revolution and change

in the television video industry.

I certainly sense the arrival of color TV,

and maybe even before that.

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