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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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Four founders from one of China’s up-and-coming AI companies, Z.AI, worked on a study that was funded by a group accused of having ties to Chinese spies.  Bloomberg’s Kate O’Keeffe explains the tech and national security concerns with Ed Ludlow on “Bloomberg Tech.”
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Bloomberg’s Ed Ludlow breaks down why fears about the AI trade are resurfacing after South Korean data center firm Elice plunged 32% in its market debut. Plus, Anthropic is in talks with Nscale for a massive new computing deal that could be worth as much as $45 billion, and Eric Schmidt’s early Anthropic bet could pay off big, with a stake worth as much as $20 billion if Anthropic hits a $2 trillion IPO valuation.

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