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EU Confidential

Episode 80: Netflix's David Hyman

EU Confidential

POLITICO

Politics, News Commentary, News

4.4175 Ratings

🗓️ 10 January 2019

⏱️ 28 minutes

🧾️ Download transcript

Summary

Netflix plans 153 original shows in Europe in 2019, worrying local broadcasters and delighting consumers. That level of ambition also leaves the company burning through billions in cash. The week's featured guest is David Hyman, general counsel at Netflix.The podcast panel of Lina Aburous and Alva Finn discusses the European Commission's efforts to brand 2019 as being about delivery, destiny and democracy, and we remember the highs and lows of the "father of the house" of the European Parliament, Elmar Brok, dumped this week by his party after 38 years. Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:04.9

Hey everyone. Welcome back to EU Confidential. I'm your host, Ryan Heath, the political editor at Politico Europe, and you're listening to the number one EU politics podcast. It's been a reasonably quiet week here in Brussels, as London and Washington, D.C., flouch further towards their respective meltdowns. So we're going to keep it lighter this week on the podcast by talking

1:28.0

about and to Netflix. Netflix, of course, is now a global digital storytelling phenomenon, and they've

1:34.7

been making a big push into Europe, planning 221 European projects, including 153 original shows in

1:41.7

2019. That has European broadcasters worried and European consumers delighted.

1:47.3

It's also a level of ambition that doesn't come cheap. The company reported a negative

1:51.3

cash flow of around $3 billion US dollars in 2018 and it has an even bigger overall debt.

1:57.4

The company was also recently caught in a controversy of censoring its programming in Saudi

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