Reed Hastings, CEO, Netflix (Code Conference 2017)

Channels with Peter Kafka

Vox Media Podcast Network

Technology, Tv & Film, Business News, News

4.4 • 585 Ratings

🗓️ 10 June 2017

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this special bonus episode from Code Conference 2017, Netflix CEO Reed Hastings talks with Recode's Peter Kafka about the video-streaming platform's continuing push into making original TV and movies. He says current windowing practices, in which movies are exclusively in theaters for a time before they're available in the home, will inevitably go away. Hastings also explains why Netflix has backed off of working in China, why it has no plans to carry sports or ad-supported content and why Netflix is in favor of net neutrality even though the company is so big that it doesn't need it anymore. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey, Recode Media listeners, we've got a bonus episode for you today. It's free, like every episode of Recode Media.
0:07.1	This one's an interview I just did at the Code Conference. If you like it, good news. We have a lot more of them over at Recode Replay. You can go subscribe and hear all of those as well. This one's an interview with Reed Hastings.
0:17.3	He's the CEO of Netflix.
0:18.9	He's someone I like talking to, I think, just as much or more so than most other media executives.
0:23.6	He gives you a real answer almost all the time. Take a listen.
0:26.6	Please welcome Reed Hastings.
0:28.6	Thank you.
0:29.6	I'm going to watch Netflix in the last seven days?
0:42.9	Last seven days, half.
0:45.9	You guys all paying or sharing passwords?
0:48.1	Yeah, that's it.
0:48.9	None of that.
0:50.2	Thank you all.
0:51.1	Thank you, bro.
0:52.4	How many people have watched a Netflix original movie in the last seven days?
0:57.7	War Machine.
0:58.9	Smaller group.
1:00.0	Let's start there.
1:01.0	Okay.
1:02.2	Movies, you've been doing your own movies for a couple years.
1:05.1	You're ramping up now.
1:06.4	I read, you're going to spend about $400 million on four movies that are coming out this year, give or take.
	...

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