Netflix’s investment in movies could help drive the transformation of the way films are released and windowed, according to Ted Sarandos, the streaming VoD company’s chief content officer, speaking at MIPCOM in Cannes this morning. “We do want to be more active [in movie production]. The current model for distribution of movies is pretty antiquated […]
Netflix grew its international member base by 78% year-on-year in Q2 and has outlined plans to “further invest aggressively in global expansion.” Announcing its second quarter results, Netflix said that its international user base stood at 13.8 million, and its total number of users – including the US – was 50.05 million. Confirming that its […]
The cable industry pay model is ‘out of whack’ in the internet age, where pricing should be proportionate to viewing, said Netflix’s chief content officer Ted Sarandos. Speaking at the FT Digital Media conference in London, Sarandos said that it was “not economically feasible” in the streaming subscription business to carry content that people didn’t […]
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