Netflix CEO Ted Sarandos recently spoke to The New York Times about his early days with the company and a controversial comment he made comparing Netflix to HBO. Sarandos expressed regret over his 2012 quote, stating that he should have broadened the scope of content offerings to include other networks like CBS and BBC.

In the interview, Sarandos emphasized the importance of catering to a wide audience and providing diverse content that appeals to different viewers. While prestige programming is important, it is only a small part of Netflix’s overall content offerings. He highlighted the success of series like Ginny & Georgia, which resonates with a large number of people.

As Netflix continues to expand its content library, it has ventured into live TV events such as The Greatest Roast of All Time: Tom Brady and securing NFL Christmas Day games. However, Sarandos made it clear that Netflix has no intention of launching a live newscast as there are plenty of other outlets for breaking news coverage.

Sarandos also discussed his belief in Netflix’s algorithm for delivering popular projects like Barbie and Oppenheimer, which he believes would have found success on the platform. He reiterated Netflix’s commitment to delivering diverse range of content that appeals to a global audience.

Overall, Sarandos believes that Netflix’s success lies in its ability to provide quality content that resonates with its users across different platforms and regions.