Tag Archives: reed-hastings

Netflix is stepping back from the fight for net neutrality

Now playing: Watch this: Has Netflix gone soft on net neutrality? 1:15 Netflix is ready to wave the white flag when it comes to the war over net neutrality. The Federal Communications Commission and President Donald Trump want to tear down the rules governing an open internet that were put in place under the previous …

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Cannes lets Netflix in but requires theater run from now on

To screen or to stream? Two Netflix original films will be allowed to compete next week at the Cannes Film Festival in France even though they aren’t expected to be released widely in French theaters, the festival’s board said Wednesday. But after complaints from a cinema group, the festival amended its rules for future years, requiring that films “will have …

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Fox rolling out streaming app just for Asia

Everyone wants a piece of Asia — so much so that Fox is releasing a streaming app specifically for the region. Called Fox+, the app will release new films and TV shows in Asia simultaneously with their airing in the US. Good news for “Walking Dead” fans in Asia. Asia’s growing appetite for streaming has seen US giants flocking to …

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Netflix is hijacking 1 billion hours of our lives each week

We’re collectively streaming 1 billion hours every week on Netflix — and half that billion could be solely Adam Sandler original films, if we all formed some sort of suicide pact to binge all his Netflix comedies in just seven days. Netflix, which typically holds all its viewership cards close to the vest, tossed out a few nuggets about just …

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Netflix to create content for India, open office in Mumbai

Can’t get enough of Netflix? Neither can people in India, where Netflix is growing fast after launching early last year. To reciprocate the love, Netflix will set up an office in Mumbai and invest more in creating TV shows and movies specifically for India, company CEO Reed Hastings said, according to the Economic Times. Netflix will work to eliminate buffering …

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TV Everywhere hits 22 million. Is 70 million really next?

Netflix has said TV Everywhere is its own worst nightmare. Now, TV Everywhere is hoping it can make that a reality, despite a track record that might suggest otherwise. TV Everywhere is how traditional pay-TV networks and providers attack the consumer shift to video online and on their phones. By setting up streaming channels included in pay-TV customers’ subscriptions, the …

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Netflix’s CEO gives conditional OK to AT&T

Reed Hastings says he has no problem with AT&T’s $85 billion bid for Time Warner — as long as it doesn’t allow an “unfair advantage.” The Netflix CEO said Monday he wouldn’t object to the deal “as long as HBO’s bits and Netflix’s bits are treated the same.” Hastings raised the issue of net neutrality when asked about the blockbuster …

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Netflix: Watch out, movie theaters, you could be next

Don’t start sweating yet, cinema chains. Netflix doesn’t need to destroy you, for now. Speaking at the New Yorker Tech Fest, Netflix CEO Reed Hastings saved his harshest words of the day for the theater industry, calling its business model a “tragedy” and saying “movie theaters are strangling the movie business.” Film studios risk revolt by theater chains that would …

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