Netflix is valued like a tech company, but its CEO just said it was a media company

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Netflix CEO Hastings argued that his company is more of a media company than a tech company because it spends most of its money on content.

Netflix CEO Reed Hastings broke with his big tech peers Monday when he argued the company is actually more of a media operation than a tech one, Recode reported.

But as regulators and politicians have turned their eyes toward tech companies, Hastings has taken a decidedly different approach in calling Netflix a media company.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Netflix CEO breaks with big tech, says his firm is actually a media companyNetflix CEO Hastings argued that his company is more of a media company than a tech company because it spends most of its money on content. Netflix will soon have advertisements in between shows. Just wait... Are they sure they want to identify as that right now, considering how Fatty Twitterbuckle Blowhole Pants blames the media for everything? Good give it a Media multiple!
La source: CNBC - 🏆 12. / 72 Lire la suite »