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Greg Peters co-CEO Netflix : Netflix already more popular than all its competitors (except YouTube) is growing quickly and generating billions of dollars in cash every year business is in a good position—no, “a great position” “It’s ours to lose” Now all Netflix’s got to figure out is live programming, sports, gaming, pricing and, oh, advertising : Netflix is on track to generate $10 billion in profit in 2024 : Netflix generated just a couple hundred million dollars in ad sales last year. YouTube, its biggest competitor in online video, topped $30 billion : it’s only a matter of time before Netflix bids on something big : has had talks with the NBA and struck a deal with the NFL to show two games on Christmas Day “We’d love to do sports” If the company can figure out a way to do it profitably, “we would do it day and night” After years of film and TV, Netflix is starting to test out what its fans want to watch live : Mike Tyson and influencer Jake Paul will face off in the boxing ring. Starting next year, Netflix will offer the weekly wrestling program Raw globally : Peters is now one of the most powerful media executives in the world : next big competitive advantage, a version of the streaming service that will adapt to customers’ preferences : Peters willingness to debate without being a jerk “We couldn’t hire the guy fast enough” persuaded Vizio to put a button on its remotes to open Netflix with one click. Netflix also scored a big vote of confidence when Microsoft. agreed to make the service available on its popular gaming console Xbox : Peters strives for efficiency; he tries to limit one-on-one meetings with colleagues to a half-hour

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