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Netflix Execs Talk Film Push, Streaming Competition, ‘Seinfeld’ Deal & More In Q3 Earnings Interview

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The Netflix management team spent a large portion of their 38-minute “earnings interview” for the third quarter highlighting their aggressive push into the film business and their view …

said, “These are big, theatrically ambitious-type films that you’ll be able to watch on Netflix, included in your subscription. It really is a fundamental change in the economics of how people enjoy films.”

Rivalry in the streaming space — with Apple, Disney, WarnerMedia and NBCUniversal all launching new services in the next six month — not surprisingly took up significant time in the interview. CFO Spencer Neumann said the company has tried to adjust its forecast to allow for the fact that “several new competitors are launching and, inevitably, there’s going to be some curiosity and some trial of those competitive service offerings.” He later said he looked forward to “having some of these competitive launches in the rear-view” to enable the waters to calm a bit.

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Earnings interview is dumb.

That don't look Seinfeld

France Dernières Nouvelles, France Actualités

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