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Tags: netflix streaming | advertising | ceo reed hastings

Netflix CEO Calls Resisting Ads a Mistake

Netflix CEO Calls Resisting Ads a Mistake
Reed Hastings, founder, Netflix speaks at New York Times Dealbook in New York (Mike Cohen/Getty Images/2019 file photo)

Wednesday, 30 November 2022 03:04 PM EST

Netflix Inc. co-founder Reed Hastings said Wednesday he was "wrong" to resist ads for his streaming service.

Hastings said Hulu proved streaming services could support advertising, and offer consumers lower prices.

"I wish we had flipped a few years earlier on it," Hastings said during the New York Times DealBook summit.

© 2025 Thomson/Reuters. All rights reserved.


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Netflix Inc. co-founder Reed Hastings said Wednesday he was "wrong" to resist ads for his streaming service.Hastings said Hulu proved streaming services could support advertising, and offer consumers lower prices.
netflix streaming, advertising, ceo reed hastings
51
2022-04-30
Wednesday, 30 November 2022 03:04 PM
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