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    Back to The Business

    The Business

    Netflix Co-CEO Ted Sarandos on diversity, streaming wars, fate of movie theaters and more

    Ted Sarandos is the co-CEO and chief content officer of the streaming giant that has everyone else playing catch-up. Sarandos says he sees Netflix as the outsider in Hollywood, but the streamer just landed 35 Oscar nominations.

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    By Kim Masters • Mar 21, 2021 • 28m Listen

    Ted Sarandos is the co-CEO and chief content officer of the streaming giant that has everyone else playing catch-up. He says Netflix’s outsider status helped it achieve more diversity in front of and behind the camera and dominate the streaming space.

    “I didn’t grow up in Hollywood. I’m not second, third or fourth generation in this business. I didn’t even grow up in this town. So I just think that there’s a lot of deeply ingrained cronyism that happens that we never have been a part of,” Sarandos says.

    He may see Netflix as a Hollywood outsider, but the streamer just landed 35 Oscar nominations. Sarandos shares the results of a recent Netflix diversity study and talks about streaming wars, the future of theaters, talent relations, data drama, and more.

    And on the banter: Will anyone watch the Oscars?

    In this episode

    2 stories
    1. 0:55

      Awards shows in freefall, Hollywood troubles in China

      The Academy of Motion Picture Arts and Sciences is worried about the Oscars telecast, and they have every right to be. Both major televised awards shows this year — the Golden Globes and the Grammys — have been ratings disasters.

      Read the story
      7 min
    2. 7:35

      Netflix Co-CEO Ted Sarandos on diversity efforts and future of theaters: ‘You've got to follow the audience’

      Ted Sarandos, the co-CEO and chief content officer of Netflix, has been with the company since 2000, back when the streaming behemoth was sending folks DVDs in red envelopes.

      Read the story
      21 min
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Kim Masters

      partner/writer at Puck News, host of KCRW's “The Business.”

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Kaitlin Parker

      Producer, 'The Business' and 'Hollywood Breakdown'

      CultureEntertainmentArtsBusiness & Economy

    In this episode

    2 stories
    1. 0:557 min

      Awards shows in freefall, Hollywood troubles in China

    2. 7:3521 min

      Netflix Co-CEO Ted Sarandos on diversity efforts and future of theaters: ‘You've got to follow the audience’

    Back to The Business