Netflix CEO calls resisting ads a mistake

A Netflix logo is pictured in Los Angeles, California, U.S., September 15, 2022. REUTERS/Mario Anzuoni/File Photo

(Reuters) -Netflix Inc co-founder Reed Hastings on Wednesday said he was "wrong" to resist ads for his streaming service.

Hastings said Hulu proved streaming services could support advertising and offer consumers lower prices.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News
Roblox gaming platform says it is ready to make changes to get Russian ban lifted
Oracle's $10 billion Michigan data center in limbo after Blue Owl funding talks stall, FT reports
Coursera to buy Udemy, creating $2.5 billion firm to target AI training
Factbox-By the numbers: How the Netflix and Paramount bids for Warner Bros stack up
Warner Bros Discovery board rejects rival bid from Paramount
Analysis-Qatar bets on cheap power to catch up in Gulf AI race
Analysis-Crypto investors show caution, shift to new strategies after crash
OpenAI’s ChatGPT updated to�make images better and faster
With freebies, OpenAI, Google vie for Indian users and training data
Does China have a robot bubble?

Trending in Tech

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.