“The 6 p.m. newscast: That thing’s going away,” said Netflix CEO Reed Hastings at a conference in New York on Tuesday, Nov. 3, 2015, reports our friend Claire Atkinson in the New York Post.
Atkinson writes: “It’s unclear if Hastings was referring to the national broadcast news programs, which typically air at 6:30 p.m., or the local evening news, which usually airs in the preceding half-hour.
“A spokesman for Netflix later clarified that Hastings was referring to any news broadcast at a fixed hour.”
Perhaps unbeknownst to Reed, the story notes that “audiences grew in 2014 for both local and broadcast network news.”
Reports Atkinson: “When asked at the DealBook conference about creating a live evening newscast — as rival HBO is doing with its partnership with Vice — Hastings responded: ‘You don’t want to invest in things that are dying.’”