Sarandos oversees the company’s teams worldwide responsible for the acquisition and production of all Netflix content. Sarandos, who started working at Netflix in 2000 as a DVD buyer, was named co-CEO alongside Reed Hastings in July 2020. Netflix’s day-and-date release strategy for movies “is not very exotic anymore,” Sarandos said (who added with a laugh, “‘Tiger King 2’ is coming!”). “You can’t look at the world and say, ‘How do I protect my business?'” he said. Sarandos said Netflix has an advantage in not having to be concerned about how decisions about theatrical movie windowing will affect its business. “The thing I’m concerned with over the next decade is, can we continue to execute … To me, that’s more troubling that any competition in the marketplace.” Netflix, which ended the second quarter with just over 209 million paid streaming subscribers worldwide, is really “competing with ourselves,” Sarandos commented. However, he added, “I have to take them seriously… I don’t want to underestimate any of them - because I think they underestimated us.” Sarandos said Netflix is feeling “maybe more confident” in competing with the likes of Disney and WarnerMedia as they continue to ramp up their push into streaming (“our home field”). ![]() No, Sarandos replied: “We’ve always been builders instead of buyers.”Īs he’s said many times before, Sarandos said Netflix isn’t interested in pursuing live sports rights, saying “the next $10 billion” in the company’s content spending would be better invested in TV shows and movies. Sarandos was interviewed on stage by Vox Media’s Kara Swisher, who asked if Netflix would by a theater chain or a digital music company like Spotify. “I’m betting on our long-term relationship with Dave.” “Very few deals are as bad as that one was,” Sarandos said. That led Chappelle to negotiate a new deal, after which Netflix put the series back on the service. Sarandos said Netflix removed Dave Chappelle’s “Chappelle’s Show” last year at the comedian’s request, after Chappelle explained to Sarandos that he wasn’t being fairly compensated ViacomCBS. He added, “Talent has to be respected and has to be compensated competitively.” “If we didn’t do that deal with Shonda, ‘Bridgerton’ would have been somewhere else,” Sarandos said. Netflix uses data to make certain business decisions, but Sarandos said that for content creation, “you want to be careful to not use it too much,” because “reverse-engineering a story” doesn’t work well.Īsked about Netflix’s move to strike overall deals with the likes of Rhimes and Ryan Murphy, Sarandos said the company needed to go down that route to compete with traditional entertainment companies. Rankings by Overall Time Spent Viewing (First 28 Days of Release) of Households Sampling a Title (First 28 Days of Release) ![]() Here are the slides Sarandos showed at Code Conference, which are based on Netflix’s own internal monitoring: “We did not see that coming, in terms of its global popularity,” Sarandos said. 17, has a “very good” chance of becoming the biggest Netflix show ever, and currently ranks as the No. If that doesnt help navigate to the apps settings menu and clear the apps data. Your next step is to log out of Netflix and log back in. Try other streaming services, if you have any, or load up some apps to check if the connection is stable. That said, Sarandos said that high-concept Korean survival drama “Squid Game,” which premiered Sept. First, make sure that your TVs internet connection works.
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