Netflix Does Not See HBO Among Leading Gamers!

  Netflix Does Not See HBO Among Leading Gamers! Netflix's founding CEO, Reed Hastings, told rival WarnerMedia chief Jason Kilar that HBO Max should be represented in the new streaming report released by Nielsen. Reed Hasting tweeted, “@jasonkilar we need you on the board too!” he said to an HBO. Hastings' tweet was inferred, citing Nielsen data for May 2021, which showed that most of the time spent watching TV in the US is on linear networks, not streaming platforms. In fact, the streaming metric cannot be compared as HBO Max is not among the streaming services in the Nielsen chart.

Netflix Does Not See HBO Among Leading Gamers!

HBO's Kilar replied to Hastings that WarnerMedia is already strongly involved in the biggest piece of green pie (TNT, TBS, CNN, HBO, [CNN]…)”. Netflix NFLX (NASDAQ) $498,34 +5,93 (+%1,20)  got 6 % of the total TV time connected to YouTube. According to Nielsen's estimated May figures, Hulu had a 3 % share, Amazon Prime Video 2 % and Disney Plus 1 %. Kilar, who joined WarnerMedia in May 2020, was reported to want to leave the company after it merged with AT&T's spin-off Discovery. Under the deal, current Discovery CEO David Zaslav will join newly formed Warner Bros. He will run the Discovery company. After this agreement, CEO Kilar also signaled that he would leave the company in 2022. Kilar has made Hulu, a joint venture of Fox and NBCUniversal, a streaming player since its inception in 2007, and is a notorious executive in the market, having brought many companies to the top.  

Source: Yahoo.Finance

 

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