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Money Talks from The Economist

Money talks: Netflixonomics

Money Talks from The Economist

The Economist

Finance & Economics, Business News, Economy, News, Business

4.41.2K Ratings

🗓️ 26 June 2018

⏱️ 22 minutes

🧾️ Download transcript

Summary

Gady Epstein explores how Netflix has grown into a global entertainment network and asks Netflix’s CEO Reed Hastings about power and responsibility. Also, is government outsourcing a toxic model that can’t be rescued? And could you lead the country of Petronia after its discovery of oil? Helen Joyce hosts




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Transcript

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0:00.0

Have you heard about the city's best kept secret, investment trusts?

0:04.0

At Fidelity, you'll discover six of them.

0:06.7

We have a global team looking out for your next big opportunity,

0:10.0

but it won't stay a secret much longer.

0:11.9

Download our free guide to find out more at Fidelity.co.

0:15.0

UK slash secret.

0:17.0

The value of investments can go down as well as up so you may get back less than you invest.

0:20.0

This is not a personal recommendation and if you're unsure about the suitability of an investment speak to an authorized financial advisor issued by Financial Administration Services Limited, the finance editor of the Economist.

0:37.0

Welcome to Money Talks.

0:42.0

Coming up on the program, Netflixonomics. of the

0:45.0

economist,

0:50.0

the money talks coming up on the program Netflix anomics how the global media giant is rewriting the magic formula for winning TV

0:49.0

The crown must win

0:53.0

must always must win. Must always win.

0:58.0

Can a way of providing public services that seems to have turned toxic recently,

1:02.0

ever be rescued.

1:03.3

Karelian is just one example of this model going badly, but since then we've had a slew of profit

1:08.7

warnings from a lot of the other companies, and also political opinion has turned against it.

1:14.5

It's a model under attack.

1:15.8

And how do you avoid the resource curse?

1:18.1

What would you do if you were in charge of a developing country that found oil?

1:21.6

I actually did my best to make a hash of things just to see how

...

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