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" The longer people watch Netflix and the longer they stay members - they're the criteria of success for us. "
Ted Sarandos
People
Stay
Success
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" Typically, if you buy a studio with a library, their library is pretty well licensed out many years in advance, so you are not really gaining access to the programming in that way. "
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" Networks can typically invest tens of millions of dollars in the development of a pilot. And if they put the show on the air and it fails, that's all lost money. There's no monetization of a broken series. "
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" To me, cinema is not a movie or a TV screen, and it's not a seat in a building versus one in your living room. It's the art of motion pictures. "
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" I think when you see 'Ridiculous Six,' the show speaks for itself in terms of its treatment of American Indians. "
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" In the first week of release, 'Beasts Of No Nation' was the most watched movie on Netflix, in every country we operate in. "
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Week
Nation
Country
" Netflix is distributed in 50 countries around the world. It's an incredibly affordable, well-distributed product that gives anyone with access to the Internet and a screen access to content in a very affordable way. "
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" Movies are becoming more global, which is making them less intimate. If you make a movie for the world, you don't make it for any country. "
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You
" The future of how the networks and studios deal with Netflix and Hulu and Amazon Prime Instant Video is certainly going to determine their future. "
Ted Sarandos
Netflix
Future
Going
" I think that we've got a huge head start on things that are not easy to do: progressive streaming, to be able to stream in very high quality, even in an environment of highly variable bit rate, and to work on a big variety of devices seamlessly. "
Ted Sarandos
Work
Start
Think
" David Fincher's work has all been incredibly well-received on Netflix, and Kevin Spacey's films have all worked on Netflix. "
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Incredibly
Been
Netflix
" When we started looking at the bigger television ecosystem, you see that there's not that many serialized TV shows being made for TV. The economics are lousy: They don't sell into syndication well; they're expensive to produce. "
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See
Looking
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" The two things that got everyone's attention about the 'House of Cards' deal was the two-season commitment and David Fincher. After David Fincher directs a series for Netflix, no one else can say, 'Well, I'm not going to direct a series for the Internet.' "
Ted Sarandos
Commitment
Cards
Attention
" 'Walking Dead' has done great on Netflix, but to pay for the full output deal just to get 'Walking Dead' didn't make sense. "
Ted Sarandos
Walking
Dead
Done
" The typical output deal from a studio is 10 to 14 movies a year. "
Ted Sarandos
Movies
Studio
Deal
" I always love that phrase, 'Oh, this is a good idea, but it's execution dependent.' As if anything in life is not execution dependent. Breathing is execution-dependent. "
Ted Sarandos
Always
Love
Life
" When we say a show is successful, it's because, relative to the investment, it's successful, relative to how else we would have spent that money on licensing something else, does this creation - did it attract the audience that it was built for. "
Ted Sarandos
Money
Investment
Successful
" I really loved the 'Sopranos' but didn't have HBO. So someone would send me tapes of the show with three or four episodes. I would watch one episode and go: 'Oh my God, I've got to watch one more.' I'd watch the whole tape and champ at the bit for the next one. "
Ted Sarandos
Loved
Someone
Three
" The tax incentives in place for 'House of Cards' in Maryland have resulted in hundreds and hundreds of jobs and not just for actors, but for carpenters and waitresses and hotel workers. The amount of hotel nights and meals that the production of a television series brings to a state is staggering. "
Ted Sarandos
Television
Cards
Hotel
" I think we can launch - successfully, high quality - around 20 original scripted shows a year, which means every 2 1/2 to three weeks you're launching a new season or a new show on Netflix meant to be for really diverse tastes all around the world. "
Ted Sarandos
Think
Three
World
" What we are going to do is continue to grow our content spend on original programming, both in absolute numbers and as a percentage of our total spending, because it's been working. It's been helping grow the brand; and more importantly, it's been driving viewing hours relative to how else we would spend the money. "
Ted Sarandos
Money
Numbers
Brand
" 'Crouching Tiger, Hidden Dragon' is not a direct-to-video, low-budget sequel: it's a big film. And it'd be fantastic to have the opportunity to see it on the IMAX screens at the same time, and IMAX has made arrangements with us for that to happen. "
Ted Sarandos
See
Tiger
Time
" You need to get in studio; we're excited about the Pay 1 opportunity with Disney because those movies are not just movies. They're amazing family content that get flexed over and over again, forms great loyalty with our subscribers, and it's a real trust brand for parents as well. "
Ted Sarandos
Trust
You
Family
" What I didn't want to do is get into a ratings race with television because really, for them, it matters. For me, it doesn't. "
Ted Sarandos
Matters
Want
Me
" Our value proposition to consumers is so much more about completeness than freshness. Having the complete season is so much more valuable, in our business model, than having last night's episode. "
Ted Sarandos
Business
Value
Season
" The current distribution model for movies, in the U.S. particularly, but also around the world, is pretty antiquated relative to the on-demand generation that we're trying to serve. "
Ted Sarandos
Movies
Trying
Serve
" We expect 'Narcos' will be an enormous success throughout everywhere in the world and maybe out-index in Latin America, given the Brazilian star and Brazilian director and heavy Latin American cast and that we shot the show entirely on location in Colombia. "
Ted Sarandos
Star
World
Success
" I feel like if we can use the combination of basically data-driven hunches and bet on really first-class talent to deliver the shows, that I think we could do as well as the networks do, who basically have a 75 to 80 percent failure rate for new shows anyway - even after all that development and pilot work. "
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Talent
Work
Think
" I think being a partner with the studios and networks and, more importantly, being a great source for consumers to watch that programming is always going to be a part of our programming mix. "
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Think
Great
Always
" Our feature film, 'Crouching Tiger, Hidden Dragon Two,' has a built-in fan base from the original film. "
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Hidden
Film
Dragon
" Why not premiere movies on Netflix the same day they're opening in theaters? Listen to the consumer; give the consumer what they want. "
Ted Sarandos
Movies
Why
Want