Netflix co-founder and CEO, Reed Hastings
Netflix will keep “an open mind” about offering downloads for offline viewing, according to CEO Reed Hastings.
Speaking on the company’s earnings call earlier this week, Hastings said that to-date Netflix had focused on “click-and-watch and the beauty and simplicity of streaming” – but hinted this may change in the future.
“As we expand around the world, where we see an uneven set of networks, it’s something we should keep an open mind about,” said Hastings.
Netflix rival Amazon, which earlier this week launched Prime Video as a standalone pay-monthly service for the first time in the US, already offers offline viewing, as does YouTube with its new YouTube Red subscription service.
Netflix reported a record number of new subscribers in Q1 this week, but its share price dropped more than 7% in after-hours trading after it issued a weak subscriber forecast for the current quarter.
DTVE: the week in view – Netflix dominated the 2010s but can it continue its stratospheric rise in the new decade?… twitter.com/i/web/status/1…
24 January 2021 @ 20:00:00 UTC
ICYMI: Discovery+ to go live on VodafoneZiggo in Netherlands digitaltveurope.com/2021/01/22/dis… https://t.co/vMESCxb779
24 January 2021 @ 19:00:01 UTC
DTVE’s next symposium series announced digitaltveurope.com/intelligence/n…
24 January 2021 @ 16:00:01 UTC
Apple TV+ free trial gets second extension digitaltveurope.com/2021/01/18/app… https://t.co/pF4N2n2OvC
24 January 2021 @ 10:00:01 UTC
DTVE: the week in view – Netflix dominated the 2010s but can it continue its stratospheric rise in the new decade?… twitter.com/i/web/status/1…
23 January 2021 @ 19:54:00 UTC
