Friday, March 10, 2017
Reed Hastings sees Europe as crucial to Netflix's global expansion, and the company is accordingly pouring billions into European productions. Mark Scott notes that deals with service providers will imperative for Netflix's plans. Netflix is also pushing heavily into reality TV, as well as standup comedy specials. Meanwhile, the Netflix series The Get Down has hit a labor union obstacle with excessive hold periods for its actors. Netflix has renewed One Day at a Time. Nearly a quarter of American adults are now streaming Netflix every day.