Netflix’s Reed Hastings Admits He Was Wrong About Advertising, Says ‘Glass Onion’ Theatrical Release Was Promotional Tactic

Netflix co-CEO and chairman Reed Hastings conceded that he wished the streamer had introduced an ad-supported plan years ago. Netflix’s reluctance to adopt advertising was “wrong” and that it was a mistake to not jump into the segment several years ago, said Hastings, speaking Wednesday at the New York Times’ DealBook Summit in New York. […]

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