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Netflix’s Core Businesses May Not Be Sustainable, Says Tru Optik CEO

Jan.19 — Andre Swanston, CEO of Tru Optik Data Corp, discusses Netflix’s successful 4Q 2020 earnings, which beat expectations. He also shares his concerns that Netflix’s sole focus on releasing new content may not be enough to keep the company competitive in the long run. Swanston speaks with Emily Chang on “Bloomberg Technology.”

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Jan.19 — Andre Swanston, CEO of Tru Optik Data Corp, discusses Netflix’s successful 4Q 2020 earnings, which beat expectations. He also shares his concerns that Netflix’s sole focus on releasing new content may not be enough to keep the company competitive in the long run. Swanston speaks with Emily Chang on “Bloomberg Technology.”

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13 Comments

13 Comments

  1. Samurai X

    January 20, 2021 at 2:19 am

    Netflix is conquering the Asian market, especially the Chinese diaspora. If all works out, Netflix might just be the first streaming platform that will be allowed to partner with a local China company.

    • T

      January 20, 2021 at 3:44 am

      If you know anything about the video streaming industries in China, none but one company is making a profit because the cost of content is extremely high.

  2. dmascorro76

    January 20, 2021 at 2:21 am

    ny streaming services stopped at Netflix, Prime , and Disney, and I won’t be adding anymore.

  3. Ross McKinnon

    January 20, 2021 at 2:39 am

    this guys a clown

    • Niels Bohr

      January 20, 2021 at 2:43 am

      Who should I believe? A CEO or you

    • Bob Marley

      January 20, 2021 at 3:08 am

      Lol. Let me guess you’re a Netflix shareholder? Netflix isn’t all it’s cracked up to be. Deal with it lol.

    • Edgar Gomez

      January 20, 2021 at 8:11 am

      CEO of all clowns and foreheads

  4. Bob Marley

    January 20, 2021 at 3:08 am

    Agreed. I find myself using Amazon prime and HBO max.

  5. Edgar Gomez

    January 20, 2021 at 8:11 am

    Go woke go broke.

  6. Lindeberg

    January 20, 2021 at 11:26 am

    How many of those 70 movies will actually be good?

  7. 정binggi bangga bongo

    January 20, 2021 at 4:18 pm

    Although Netflix is doing great, they should look for the next cash cow.

  8. McKenna Kills

    January 20, 2021 at 5:58 pm

    Netflix makes awful movies. I watched Midnight Sky the other day, the one with George Clooney, it was dragging a bit so I looked it up on IMDb and it was rated 5.something

    Tired of Netflix churning out low tier garbage.

  9. TheReelReal

    January 20, 2021 at 8:16 pm

    Black

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OpenAI Will Keep Driving Down Prices, Sam Altman Says

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OpenAI CEO Sam Altman says the company wants to keep driving down the price of artificial intelligence. He talks about the launch of their new AI agent called Dots with Bloomberg’s Ed Ludlow.
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OpenAI is holding back a version of its advanced Astra model while it develops stronger safeguards, offering one of the clearest examples yet of what the company’s call for “pacing” AI development means in practice. Bloomberg’s Natasha Mascarenhas discusses concerns that the model wasn’t reliably staying within its authorized scope, and recent incidents involving OpenAI models accessing outside systems. She joins Ed Ludlow on “Bloomberg Tech.”
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Council on Foreign Relations senior fellow Sebastian Mallaby discusses the Trump administration’s push to use AI to make the federal government more accessible and efficient, while navigating a growing divide over how quickly the technology should advance. He also examines the evolving relationship between President Trump and Anthropic CEO Dario Amodei, whose warnings about AI risk contrast with the administration’s focus on accelerating US development and maintaining its lead over China. He joins Ed Ludlow on “Bloomberg Tech.”
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