News

Netflix CEO Predicts Death of TV by 2030

Reed Hastings, CEO of Netflix, isn’t too fussed about Nielsen’s plans to monitor viewership of his video on-demand streaming platform. “It’s not very relevant,” he said. “There’s so much viewing that happens on a mobile phone or an iPad that [Nielsen won’t] capture.” The implication being, Nielsen, and the platform is monitors, television, is outdated.

On television itself, Hastings had this to say: “It’s kind of like the horse, you know, the horse was good until we had the car. The age of broadcast TV will probably last until 2030.”

Although, as CEO of Netflix, his comments are ultimately self-serving, average live television viewing figures are dropping year-on-year, with viewers opting more for on-demand or PVR (personal video recording).

Hastings was speaking in Mexico City on Monday regarding Netflix’s expansion into Latin America.

Source: Cinema Blend

Ashley Allen

Disqus Comments Loading...

Recent Posts

Nvidia’s GeForce RTX 5090 Possible Price Revealed

According to a new report, the GeForce RTX 5090 GPU will be very expensive. It…

6 hours ago

AMD Krackan Processor with 6 Zen 5 and Zen 5c Cores for Budget AI Laptops Leaked

A new AMD processor in the form of an engineering model has been leaked in…

7 hours ago

SK Hynix Begins Production of First 321-Layer NAND Chips

SK Hynix has claimed to be the first company to mass-produce 321-layer NAND memory chips.…

7 hours ago

Trust Gaming GXT 609 Zoxa 2.0 PC Speakers

SOUNDS GREAT – Full stereo sound (12W peak power) gives your setup a booming audio…

11 hours ago

PowerA Wired Controller for Nintendo Switch

Special Edition Yoshi design Ergonomic controller shape with Nintendo Switch button layout Detachable 10ft (3m)…

11 hours ago

Logitech G Saitek PRO Flight Rudder Pedals

Fluid Motion: These flight rudder pedals are smooth and accurate that enable precise control over…

11 hours ago