Netflix to build on in-house productions
Speaking during a self-published video of their investor call, Netflix CEO and co-founder Reed Hastings began: "There are so many competitors and everyone is working hard to build the best content. We're seeing growth in the overall internet TV market."
When pressed if there were any plans to purchase an existing film company in order to produce content more easily, chief content officer Ted Sarandos confirmed: "we're building it versus buying it [...] not just in our films, but in several of our series Netflix is the studio and the network."
