Netflix warns that the European tax on giant expertise firms “would have an hostile impact”

He mentioned it this Tuesday on the ‘Keynote 6: The Future of Sport & Entertainment’ convention on the Mobile World Congress (MWC), during which FC Barcelona footballer Lucy Bronze additionally spoke.

In his opinion, the tax would scale back funding in content material, “harming the inventive neighborhood, harming the attractiveness of higher-priced broadband packages and, in the end, harming shoppers.”

He has famous that whereas Internet Service Providers (ISPs) declare these charges would solely apply to firms like Netflix, “it will inevitably change over time as broadcasters shift from linear to streaming.”

According to him, Netflix’s working margins are “considerably decrease than these of British Telecom or Deutsche Telekom”, which is why he ironized that it needs to be community operators who will compensate leisure firms for the price of their content material.

Along these strains, he has mentioned that he believes that the most effective factor is for leisure firms and operators to concentrate on “making a rising tide that lifts all boats. For Netflix, meaning persevering with to take a position and enhance the standard and number of tales ” what are you providing.

Success of Korean productions

Peters has targeted on the worldwide influence of Korean productions, as he has highlighted that greater than 60% of Netflix customers have seen content material created in South Korea, with ‘The Squid Game’ being the preferred sequence on the platform.

According to him, Netflix is ​​harnessing “the ability of the web to interrupt down the boundaries between storytellers and followers all over the world.” Along these strains, he has ensured that content material creators are interested in working with Netflix as a result of the corporate helps their inventive imaginative and prescient and offers them with “the instruments and means to make that imaginative and prescient a actuality with the absolute best high quality.”