Nov 9, 2018

Netflix chief shrugs off competition from Disney and Amazon

The boss of Netflix, Reed Hastings, has told the BBC he is looking forward to going up against Disney when it launches its online streaming service, Disney Plus, next year. "We've been competing with Amazon for more than 10 years, so we're used to healthy, strong competition," he said. Which has been dubbed the "Netflix Killer", is expected to give both Amazon's Amazon Plus and Netflix a run for their money. In its first year as a public company in 2002, Netflix had fewer than one million subscribers, but since then it has seen extraordinary growth. The results were stronger than expected and came as Netflix premiered a record amount of original programming, including new seasons of Orange Is The New Black and BoJack Horseman.

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