Netflix founder Reed Hastings believes his streaming service needs to cancel more of its original shows.
Speaking to CNBC (via Vulture) Hastings said that Netflix's "hit ratio is way too high right now.” Netflix needs to be taking more risks, said Hastings, which would naturally result in some unexpected massive hits and some failures. “We’ve canceled very few shows," he continued. "I’m always pushing the content team: We have to take more risk; you have to try more crazy things. Because we should have a higher cancel rate overall.”
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Speaking to CNBC (via Vulture) Hastings said that Netflix's "hit ratio is way too high right now.” Netflix needs to be taking more risks, said Hastings, which would naturally result in some unexpected massive hits and some failures. “We’ve canceled very few shows," he continued. "I’m always pushing the content team: We have to take more risk; you have to try more crazy things. Because we should have a higher cancel rate overall.”
Continue reading…
Continue reading...