Netflix CEO Says Competition With HBO Should Be “Fun”: Live Blog
Nothing seemed to faze Netflix CEO Reed Hastings and other execs in their conversation with analysts today. HBO’s just-announced plan to offer a stand-alone online service should result in “fun” competition, he says. Movie theaters’ decision to ignore next year’s Crouching Tiger sequel was expected, and could change. Meanwhile Netflix says data show that Adam Sandler is a rarity — an American comedian whose humor appeals to audiences across the globe. As for Netflix’s weaker than expected Q3 subscription results, well, things happens. Here’s the play-by-play: