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Home » Ted Sarandos regrets comparing Netflix to HBO and why he’s not interested in the ‘breaking news’ business
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Ted Sarandos regrets comparing Netflix to HBO and why he’s not interested in the ‘breaking news’ business

i2wtcBy i2wtcMay 27, 2024No Comments2 Mins Read
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Ted Sarandos

Gilbert Flores/Getty Images

Ted Sarandos talks about comments he made in the early days of Netflix and reveals why he’s not interested in the breaking news business.

In a new interview, the Netflix CEO said he was walking back comments he made in 2012 comparing his platform to HBO.

“We said we were going to be HBO before HBO was us,” Sarandos said in the interview. The New York Times“At the time, HBO was the pinnacle of original programming. What I should have said then was, we want to be HBO, CBS, BBC and all the different networks around the world that entertain people, we’re not just going to be HBO.”

He continued, “Prestigious, elite programming plays a really important role in culture. But it’s a very small, boutique business. And we’re currently producing programming for about 650 million people around the world. We need to have a very broad variety of programming that people watch and love. So we think about quality from a consumer perspective. Ginny and Georgia teach, Ginny and Georgia That’s excellent.”

Netflix continues to explore new content avenues and is increasing its investments in live TV. Best Roast of All Time: Tom Brady And it will broadcast the NFL’s Christmas Day game, but don’t expect the streamer to launch a live news show.

“We don’t do breaking news or anything like that because I think there are a lot of outlets that do that. People don’t expect that from us,” he said.

Sarandos also said: Barbie and Oppenheimer He said the film would have been just as successful on streaming platforms as it was at the box office. Baby Reindeer It was because of their algorithm.



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