The Town with Matthew Belloni cover image

The Biggest Flexes of the Year in Hollywood

The Town with Matthew Belloni

00:00

Netflix CFO Spencer Newman

Spencer Newman, Netflix's CFO, pushed the company to embrace advertising. Reed Hastings and Ted Sarandos didn't want to do it because they thought "let's keep it clean" But when growth slowing late 2021, he finally got his bosses on board with an ad-supported service. He says this was a told you so moment for them but that now they are listening to him in a way maybe they haven't before.

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