Netflix Inc., the world’s largest streaming subscription service, is evaluating potential film projects and suggested its programming budget would increase if the company expands into original movies.
Netflix Inc. , the mail-order and online movie-rental service, doesn’t view Warner Bros.’ plan to offer $3 film rentals on Facebook as a greater threat than other rivals pose, Chief Content Officer Ted Sarandos said.
Netflix Inc.’s deal with Walt Disney Co. to stream new releases, including those from Pixar and Marvel, signals online viewing has become mainstream and poses a major threat to traditional pay TV.
"When I saw' Interstellar,' the seats rattled, it was insane."
- Ted Sarandos on Dec 02, 2014