"Upstream" with Erik Torenberg cover image

E9: Benedict Evans on AI, Web3, VR and the Future of Tech

"Upstream" with Erik Torenberg

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Netflix and the Internet as a New Channel

Netflix is using the internet as a new channel to enter the market and this new channel has different characteristics so it doesn't you know have time slots. Netflix went to LA hired LA people at LA salaries to have lunch with other LA people and buy LA stuff from LA people there's no technology here, he says. He argues that if legacy media companies had 50% video compression but all they had was network was with reruns of Cheers and Friends no one would care.

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