Behind the Money
How Netflix is upending Hollywood
Oct 2, 2024
Chris Grimes, the Los Angeles bureau chief for the Financial Times, offers insights into Netflix's remarkable resurgence and its impact on Hollywood. He discusses how Netflix transformed from a DVD rental service to a streaming leader, reshaping industry compensation models. Grimes highlights the tension between Netflix and traditional filmmakers, as well as the company’s strategies like introducing an ad-supported model and banning password sharing. The conversation also touches on the shifting power dynamics in entertainment as tech giants increasingly dominate.
20:35
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Netflix's successful adaptation of its strategy, including an ad-supported tier and stricter password policies, has significantly boosted its subscriber base amid fierce competition.
- The growth of Netflix is forcing traditional Hollywood studios to evolve their business models, underscoring the ongoing shift towards technology-driven entertainment.
Deep dives
The Importance of Two-Factor Authentication
Two-factor authentication (2FA) acts as a crucial security measure on platforms like Kraken, reinforcing online protection in a manner similar to how a sports team secures their lead during a game. By requiring a second form of verification beyond just a password, 2FA greatly reduces the risk of unauthorized access to sensitive accounts. This practice is particularly pertinent in the ever-evolving landscape of cybersecurity, where breaches are frequent and sophisticated. Individuals and businesses alike are encouraged to implement 2FA to safeguard their assets, demonstrating the pressing need for enhanced security protocols in the digital world.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
