Netflix vs. Hollywood | Part 1

Land of the Giants

Vox Media Podcast Network

Society & Culture, Technology, Business

4.6 • 2.3K Ratings

🗓️ 14 July 2020

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Loaning out shows and movies to Netflix used to be a great way for studios to make a little money on the side, until they realized they were training audiences everywhere to watch Netflix. In this episode, we look at how Netflix went from renting content—and breathing new life into shows like Breaking Bad and The Office — to investing heavily in original content and changing Hollywood forever. Hosts: Peter Kafka & Rani Molla This podcast is a production of Recode by Vox and the Vox Media Podcast Network. This episode was produced by Zach Mack, Bridget Armstrong. Our editor is Charlie Herman. Gautam Srikishan engineered and scored this episode. Nishat Kurwa is the Executive Producer. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Think You Know Disney Plus? Think Again?
0:05.0	Stream everything from hit musicals like Encanto.
0:09.0	We must protect our family! This is my chance! I will save the magic!
0:15.0	To the years best movies like award-winning the banshee's of Inish Erin.
0:19.0	I just don't like you no more. Don't like me yesterday?
0:23.0	Think You Know Disney Plus? Think Again.
0:26.0	18 Plus subscription requires Disney's apply.
0:56.0	Think You Know Disney Plus? Think You Know Disney Plus?
0:59.0	Think You Know Disney Plus? Think You Know Disney Plus?
1:02.0	The reason why I'm telling you about Breaking Bad is because it was really important for Netflix and the TV business and the relationship between the two.
1:09.0	It's a perfect example of what we call the Netflix Effect, the ripples and waves that Netflix creates in the entertainment business and in culture.
1:16.0	Welcome to Land of the Giants, the Netflix Effect. I'm Peter Kafka.
1:27.0	And I'm Ronnie Mola. Netflix has been the single biggest disruptor Hollywood may have ever seen.
1:32.0	So today we're looking at how Netflix's approach to movies and TV shows has evolved and how along the way it's become the dominant force in entertainment.
1:46.0	Okay Ronnie, let's go back to Hollywood about a decade ago. Netflix was just starting to stream TV shows and movies and it needed more stuff to stream.
1:53.0	Turns out there were lots of people, people running big TV networks and movie studios who were more than happy to sell Netflix. They're leftovers.
2:00.0	That was 2008, 2009 and the entertainment industry was really suffering because of the economic downturn and they needed cash to make their quarterly numbers.
2:11.0	This is Gina Keating. She's a journalist who covered Netflix for Reuters and wrote a book about the company.
2:15.0	This idea that they could sell these TV shows that nobody wanted to see in these movies to Netflix streaming seemed like this brilliant idea.
2:24.0	She and I both remember that after the studios loaned out what felt like a ton of mediocre stuff to Netflix, something unexpected happened.
2:31.0	Netflix users began to discover shows that were actually good hidden gems and they started binge watching them.
2:37.0	Who the hell are you? You know, you all know exactly who I am. Now, same my name.
	...

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