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Netflix CEO Reed Hastings: The movie industry is a tragedy and there is no content bubble

Netflix’s appetite for original shows and films, and the ballooning budget they require, has drawn criticism from skeptics, but CEO Reed Hastings doesn’t believe the industry is in a bubble. In an interview with New Yorker editor David Remnick at the TechFest conference, Hastings explained that twice as many TV shows are made today than five years ago, and Hastings pinned the […]
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