Netflix CEO: broadcasters like the BBC to become ‘internet networks’

Traditional broadcasters like the BBC and ZDF will become “internet networks” as the TV industry goes the same way as the fixed-line phone market, according to Reed Hastings. Speaking at the DLD conference in Munich yesterday, the Netflix founder and CEO said that in a generation or two, the concept of scheduled linear broadcasts – […]

YouTube’s business has accelerated, but traffic trails Netflix

YouTube’s business accelerated in the last 18 months amid an influx of online video competition, though the company trails Netflix in terms of traffic, according to Robert Kyncl. Speaking at the DLD conference in Munich this morning, YouTube’s chief business officer admitted that YouTube trails Netflix by share of web data traffic, describing its rival […]