Netflix co-CEO Ted Sarandos says growth is slower than he wants
Bloomberg Live says live programming takes 5% of Netflix’s content budget but accounts for 1% of viewing.
TLDR
Bloomberg Live recaps Netflix co-CEO Ted Sarandos saying the company isn’t growing as fast as he wants. Live takes 5% of Netflix’s content budget and accounts for 1% of viewing, but punches above its viewing share in signups, retention and advertising, the outlet says. Netflix isn’t currently seeking another deal to replace the lost Warner Bros. deal. It is exploring simpler add-ons after its TF1 deal in France and plans broad theatrical releases for select franchise films.
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