Thomas Tull — a billionaire former film producer behind blockbuster movies like "Godzilla" and "Jurassic World" — said smash hit movies would remain after the pandemic, even if they're increasingly watched in the home rather than at the movie theater.
When Netflix pulled an episode of the satirical current affairs show Patriot Act with Hasan Minhaj from its Saudi Arabian site in 2019, its justification sparked as much consternation as the act itself. Asked about the removal of the show, which criticised Crown Prince Mohammed bin Salman and mocked the official account of the murder of journalist Jamal Khashoggi, Netflix CEO Reed Hastings said: “We’re not trying to do ‘truth to power’, we’re trying to entertain.” At a time when Netflix’s dominance has made it almost a synecdoche for streaming film and TV, Hastings’ comment was seen as throwing into doubt the future of politically engaged filmmaking.
A new video-streaming player has recently come public. What is its competitive strategy?