Netflix has revolutionized the entertainment industry in the past twenty-five years, changing the way we consume TV shows and movies. In a recent interview with Variety, Ted Sarandos, Netflix’s co-CEO, shared how he faced criticism from traditional TV executives for releasing entire seasons at once, creating the binge-watching model.
Sarandos recounted a conversation with former CBS head Les Moonves, who was skeptical of Netflix’s approach. Despite early pushback, Netflix stayed true to its vision of how the internet would transform viewing habits. Now, with Moonves out of the picture due to sexual harassment allegations, Netflix continues to lead the industry under Sarandos and Chairman Reed Hastings.
Hastings recalled how Sarandos initially aimed for prestige content similar to HBO but later realized the importance of catering to a broader audience. This shift in strategy has allowed Netflix to become a content network that offers both elite and mainstream programming.
Overall, Netflix’s success can be attributed to its foresight in adapting to changing viewing habits and staying ahead of the curve in the digital age. Sarandos and Hastings continue to shape the future of entertainment through their innovative approach to content creation and distribution.
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