Why Netflix Isn't Getting Involved In Live Sports Streaming Like Amazon

03 June, 2017, 02:01 | Author: Evan Mason
  • Netflix CEO on streaming battle: We're like Starbucks, and Amazon is like Walmart

A week after shuttering Baz Luhrmann's lavish hip-hop drama The Get Down, Netflix company founder and CEO Reed Hastings made a rare television appearance to explain why cancellations are not only healthy for the company but necessary in its aggressive pursuit of unprecedented success. "I mean, everything Amazon does is just so wonderful". "I mean, it was a great show, but we didn't realise just how it would catch on". "Because we should have a higher cancel rate overall".

Netflix has axed another show. "We're trying to be Starbucks", Hastings told Recode's Kafka, arguing that Amazon is trying to deliver more types of content to a wider range of audiences.

According to Hastings, the increase in recent cancelations is on goal. While Netflix has previously suggested that keeping and increasing subscriber counts were its most important metrics, Hastings on Wednesday seemed to say eyeballs mattered. Netflix, which has extended its reach across 190 countries, has been a vocal proponent of Net Neutrality rules in the past, but Hastings believes it's not their fight anymore. It's like they are trying to repeal the basic laws of business ...

"We're not trying to meet all needs", Hastings said. "So even if the formal framework gets weakened", he continued, "we don't see a big risk actualizing, because consumers know they're entitled to getting all of the web services". According to him, the industry is growing as people want to watch on-demand. Much like Netflix, Amazon has been acquiring rights to original TV shows and movies in recent years, though it's still expected to spend about $1.5 billion less on original content than Netflix's expected $6 billion this year.

"If we try to out-Amazon Amazon, then that's a losing battle", he detailed.

Memorial Day - Remembrance, Honor Hailing Back to US Civil War
Monday in front of the Veterans Memorial at Cloverdale's Riverside Cemetery on Crocker Road. The Veterans of Foreign Wars adopted the poppy as its official memorial flower in 1922.


North Korea missile program progressing faster than expected, Seoul says
He also urged other world leaders to "stop intimidating North Korea and find a peaceful solution to the problem". Moon chaired an emergency meeting of security advisors early Sunday, within hours of the missile launch.


Trump pushes aside Montenegro leader _ who calls it natural
Calculated or not, Ruger said, it was a way for Trump "to put more teeth into calls for greater balance in the relationship". Rand Paul, R-Ky., meanwhile, said he applauds Trump "for holding North Atlantic Treaty Organisation leaders accountable".


Since it moved into content production, the company has developed a reputation for giving creative teams more freedom than traditional broadcasters.

Cannes should focus on the artistic quality of movies, instead of being influenced by the politics and commercial leanings of festival's board of directors, Hastings said at the Code Conference.

"What we have done is kept our base price $7.99", he said.

France in particular has a rule that states movies that play in theaters must wait three years before they can pop up on a streaming platform.

Recommended:

  • Konta crashes out, Svitlona eases into second round

    Konta crashes out, Svitlona eases into second round

    His best result at the French Open was reaching the semifinals in 2009, just months before he won his Grand Slam title in NY . The unseeded pro battled to a 1-6 7-6 (2) 6-4 victory in two hours and 18 minutes on the clay court at Roland Garros .

    Four Things to Expect From Rouhani's Re-election

    President Donald Trump ended a visit to Tehran's arch-foe Saudi Arabia where arms deals worth nearly $110 billion were signed. The resolution of the nuclear crisis is of crucial importance, as Iran needs the worldwide sanctions to be lifted.

    Temperatures and humidity on the rise through this weekend — FIRST ALERT FORECAST

    The speed with which that first low moves towards Central New York will be key in the weather later Sunday . The river is expected to reach flood stage ( 17 feet ) by Sunday night and rise to 17.7 feet on Tuesday .
  • Patty Jenkins On Wonder Woman Creation

    Patty Jenkins On Wonder Woman Creation

    Actress Lynda Carter became the embodiment of Wonder Woman when she played her in the highly popular 1970s television series. She is naive about the ways of the world but is a powerful warrior whom Batman calls "the best melee fighter in the world".
    Federal Agents Arrest Nearly 200 People in California Immigration Raids

    Federal Agents Arrest Nearly 200 People in California Immigration Raids

    Immigration arrests since the beginning of the year have risen nearly 40% nationwide compared to the same period in 2016. A total of 182,269 nonimmigrant visitors to the USA from Mexico and Canada in 2016 overstayed their visas.
    Nordic Muslims to fast more than 20 hours this Ramadan

    Nordic Muslims to fast more than 20 hours this Ramadan

    The long fasting hours, he added "helps generate a sense of compassion for those people who are in need all around the world". They break the fast with a meal known as iftar and before dawn they have a second opportunity to eat and drink during suhur .
  • Anthony Weiner pleads guilty to sexting North Carolina teen, reports say

    Anthony Weiner pleads guilty to sexting North Carolina teen, reports say

    He surrendered to Federal Bureau of Investigation agents in NY early Friday and appeared in court late-morning, telling U.S. In 2013, he became involved in yet another sexting scandal while he was running for mayor of New York City.
    United facing a defining moment - Jones

    United facing a defining moment - Jones

    MANCHESTER UNITED face Ajax in the Europa League final on Wednesday - here's our predicted Red Devils line-up for the match . He told Manchester Evening News: 'He was just saying be calm, be composed and go and play your normal game and enjoy it.
    Facing criticism over Saharanpur clashes, Adityanath vows to establish law and order

    Facing criticism over Saharanpur clashes, Adityanath vows to establish law and order

    "Efforts are being made to restore law and order and bring out the state from the "jungle-raj", mafia and "goonda raj". More than 40 people have been arrested in the Sahranpur violence so far this month, Union Home Ministry officials said.
  • Trump expected to pull out of Paris climate deal

    Trump expected to pull out of Paris climate deal

    Withdrawing would leave the United States aligned only with Russian Federation among the world's industrialized economies. She's criticizing what she says are "destructive and short-sighted" decisions by the Trump administration.

    Putin, Macron talk Syria, LGBT rights at their first face-to-face meet

    Vinnichenko says the United States embassy in Moscow denied requests for visas for the gay men. The Kremlin and RT itself have rejected allegations of meddling in the election.

    Oil supply glut to return with agreement end, shale increase- M. Stanley

    Brent for July settlement was at US$52.05 a barrel on the London-based ICE Futures Europe exchange, down 10 cents. And, due to public holidays in China , the United States and Britain, trading activity will be subdued.


Popular

World leaders reaffirm commitment to fighting climate change
Li said he believed the two had found a solution on the issue of Chinese quotas for electric cars after a lengthy discussion. Sensing its moment, China is set to capitalise by taking a leadership role on a key global issue for the first time.

Strickland, Harper handed Major League Baseball suspensions
While much was made on social media about Posey's inaction, Strickland said there was no need for Posey to explain himself. Boston placed Dustin Pedroia on the 10-day disabled list with a sprained wrist and activated Pablo Sandoval from the DL.

Trump waives law requiring US move its embassy to Jerusalem
USA president Donald Trump has temporarily waived a law requiring the United States to move its embassy in Israel to Jerusalem . Every president since 1995 has signed the waiver leaving the embassy in Tel Aviv, as stipulated in the Jerusalem Embassy Act.

Trump shamelessly starts undoing sanctions against Russian Federation for election interference
Russian Federation owned the compounds, which had diplomatic immunity, since before the Soviet Union dissolved. Russian Federation didn't retaliate against the USA sanctions over the election hack.

Spicer addresses confusion around 'covfefe' tweet from Trump
Trump fired Flynn in February for making misleading statements about his contacts with the Russian ambassador to Washington . Trump denies any collusion between Russia and his campaign and has questioned the veracity of the US intelligence finding.

Israeli Army Radio: Saudi persuaded Trump to postpone embassy move
This at a time when the two sides are as far from a deal as they have ever been since 1993, when they first began negotiating. In his interview with Israel Hayom , Trump also spoke of the possibility of an Israeli-Palestinian peace deal.

Tougher than ever, 90th National Spelling Bee gets underway
According to the Scripps web site, Ishreet "loves to spell, and she puts in a lot of work when she sits down to study". The spellers range in age from 6 to 15 and include Edith Fuller , a 6-year-old kindergarten student from Tulsa, Okla.

Officer who killed Tamir Rice fired for job application omission
Two and a half years after the fatal shooting of 12-year-old Tamir Rice, the police officer who killed him was finally terminated. His dismissal is effective immediately, officers said.

Philippines says militants shot dead at least 16 civilians
Last year Duterte "joked" about an Australian missionary who was killed in a prison riot after men lined up to rape her. Hapilon is on the FBI's Most Wanted Terrorists list; the USA has offered a $5 million reward for his capture.

On first day back, Trump lashes out at "fake news media"
In a series of tweets, the Prez told his 30.8 million followers if they see the words "sources say" without mentioning names, it's possible the news story is fake. " #FakeNews is the enemy!" Trump is back on his bullshit, y'all.