Smash Notes

Back to Reed Hastings on Hollywood’s future, Netflix’s shakeup and knowing when to leave, with Reed Hastings & Kara Swisher.

Is Pharma Still Hated While Doing Good Work?

Reed Hastings says pharma is hated by the general public and, in his eyes, is continuing to do amazing and positive work. People hate the high drug prices, and pharma is deeply hated. Friends in pharma, scientists and doctors, have to get used to the hatred, continue to make progress, and accept it. They have never really been able to change the public view.

The companies made the COVID vaccine in a year, a remarkable achievement. People did not fall in love with the companies.

Tech people were once cast as heroes, and the image is now villainous, quite villainous. Neither view is true. Tech has gone to the natural state. Banking leaders are thought of as villainous. Pharma leaders are thought of as villainous. Airline leaders are thought of as villainous. Villainous is the natural state of how much of the public thinks about business.

Grokipedia·Reed Hastings

Transcript

Reed Hastings on Hollywood’s future, Netflix’s shakeup and knowing when to leave ·

Masters of Scale

More from this episode

  1. What Was Netflix's Most Disruptive Idea?Reed Hastings says the most disruptive thing in his tenure at Netflix was on demand.
  2. How Should Netflix Compete With YouTube?Reed Hastings says Netflix should compete with YouTube by making more and better television shows and more and better movies, and by raising the creative bar…
  3. Why Do Two Chief Executives Run Netflix?Reed Hastings says two chief executives work at Netflix because Ted Sarandos and Greg Peters are so committed to success in the company and think company first.
  4. Why Did Netflix Walk Away From Warner Brothers?Reed Hastings says Netflix walked away from Warner Brothers Discovery after the price rose past a bid the company was really happy with, because the purchase…
  5. Can AI Give Every Kid a Tutor?Reed Hastings says every kid can have a tutor once the tutor is AI, because a human tutor is about 100 bucks an hour and people cannot quite afford one for…
  6. What Is Wrong With California's Billionaire Tax?Reed Hastings supports higher taxes on rich people and still calls California's billionaire tax a smash and grab.

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