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Barron's Streetwise

Reed Hastings on Netflix's Secret Sauce

Barron's Streetwise

Barron's

Business

4.71.6K Ratings

🗓️ 18 September 2020

⏱️ 27 minutes

🧾️ Download transcript

Summary

Plus, Jack talks cars and small cap stocks. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

AI may be the most important new computer technology ever, but AI needs a lot of

0:06.4

processing speed and that gets expensive fast.

0:09.6

Upgrade to the next generation of the cloud, Oracle Cloud Infrastructure, or OCI.

0:16.0

OCI is the single platform for your infrastructure, database, application development, and AI needs.

0:23.0

See how customers like Uber and Cohere

0:26.0

are training their AI models at twice the speed and less than half the cost.

0:31.0

Take a free test drive of OCI at Oracle.com

0:34.4

slash Wall Street.

0:35.8

That's Oracle.com slash Wall Street.

0:39.1

Well, when you look at the number of mobile phones active in the world, that, you know, over 6 billion,

0:46.0

when you look at the number of pay TV households around 800 million ex-China, you know,

0:52.0

there's really a tremendous opportunity ahead for

0:54.6

Netflix. Welcome to the Barron Streetwise podcast. I'm Jack Howe. The voice you

1:00.7

just heard is Reed Hastings. He's the co-founder of Netflix, a serve is so popular that it accounts for over 12% of the planet's internet traffic, even more than this podcast.

1:14.0

Reed has a new book out on Netflix's workplace culture.

1:18.0

We'll look at that and hear from Reed on the streaming competition and the future for movie theaters,

1:23.7

plus his words of consolation for long-suffering Netflix bears.

1:29.4

Poor things.

1:31.1

Listening in as always is our audio producer Meta, hi Meta.

1:34.0

Hi, Jack.

1:35.0

We've gotten a lot of requests since last week's

1:38.0

podcast about my singing to never do it again, all of them.

...

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