Netflix co-founder says he 'loves what's happening' with streaming wars [CNBC]
Netflix, Inc. (NFLX)
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Source: CNBC
Netflix co-founder says he 'loves what's happening' with streaming wars Netflix "As a consumer of television and movies, I love what's happening," Randolph, who left Netflix in 2003, said on " Closing Bell The so-called streaming wars have only intensified in recent weeks with news that Apple launch Nov. 1 Disney its service And on Tuesday, NBCUniversal announced its streaming service will be called Peacock These newcomers will join a landscape populated by heavyweights such as Hulu, Netflix and Amazon The developments have led some to wonder if the market can support all the different services, for which consumers have different monthly subscriptions. "I hope there's a lot of room" for all the services to exist, said Randolph, whose book "That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea" was published Asked about Netflix's strategy to maintain its influence in the streaming space, Randolph said he wasn't suited to discuss the company's tactics. But Randolph,
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