So if you've been watching the Trump administration's attempt to kill net neutrality, you've probably noted that one-time net neutrality supporters Google and Netflix have been notably absent from the debate, leaving small companies and consumers outgunned and outspent in the attempt to protect the rules. Assuming Netflix shifts its focus to curating fewer shows, or cutting more shows lose, it's possible they'll be spending more money on less content, which could (theoretically) increase quality overall.
Netflix's monster movie " Okja " and Noah Baumbach's "The Meyerowitz Stories" were allowed to enter the festival despite protests from French distributors, who said it violated a French law that requires distributors to wait for 36 months after a theatrical release before making them available on streaming platforms. Netflix Originals have included Narcos, House of Cards, 13 Reasons Why, Stranger Things, Orange is the New Black, Sense8, The Crown, The OA-even a TV show about an alcoholic, dysfunctional has-been horse, entitled Bojack Horseman.
"Our hit ratio is way too high right now", Hastings said, as Vulture transcribed. "I don't know if they are the biggest, but they are awfully scary". Hastings was reluctant to answer, saying, "You're drawing a firm line between them and we look at them more fluidly".
With all those original, successful shows in his armour, you would think that Netflix CEO, Reed Hastings, would be quite delighted with himself.
Still, it's unclear from this one interview if pre-existing shows on Netflix are more in trouble than before; maybe it's just that Netflix won't approve some truly ridiculous new shows? "They got the festival director to threaten to pull us out, which got a bunch of press".
"It's a mix [of viewing and subscriber growth]", said Hastings of cancellations. And so, we can't try to be them.
For Hastings, Amazon is not only scary, but a thing of wonder. As we grow the membership base, we want to grow the content budget. The company announced it would be investing $6 billion into original programming last year-a staggering number second only to ESPN's.
"I think Trump's FCC is going to unwind the rules no matter what happens", Hastings stated.
Hastings clarified that he doesn't believe Netflix "picked" a fight with Cannes, but the controversy worked out as free press for the two films, which "got it on their own, on artistic merit".