Now that they’ve disrupted one TV genre after another with dramas and comedies like “House of Cards” and “Unbreakable Kimmy Schmidt,” Netflix has set its sights on another staple of the medium: news programming.
In a video-conference session following its third-quarter earnings call, CEO Reed Hastings and chief content officer Ted Sarandos made clear they were headed in that direction. After Sarandos answered affirmatively a question regarding Netflix’s interest in programming news content, Hastings followed up with a question of his own for Sarandos.
“What is the likelihood we compete directly with Vice in the next two years?” Hastings said to Sarandos.
“Probably high,” Sarandos answered.