Greg Peters
Coverage of Greg Peters in the Nexus archive.
- Free tiers are Hollywood’s next big idea in the streaming wars
Disney and Paramount Skydance are exploring free tiers for their paid streaming services to compete with free platforms like YouTube and Tubi. Netflix co-CEO Greg Peters mentioned the company is considering free offerings in some markets. Analysts note the potential benefits and risks of free tiers, including audience growth and subscription revenue cannibalization.
- Netflix shares fell 8% after it turned in lukewarm earnings and cut back on how frequently it releases viewing data
Netflix shares fell 8% after reporting second-quarter earnings that met but did not exceed expectations, with revenue and earnings per share aligning with modest guidance. The company announced it would reduce the frequency of viewership data releases and faces challenges in competing with short-form platforms like YouTube and TikTok.
- Private jets descend on Sun Valley's invite-only 'summer camp for billionaires'
The Allen & Co. Sun Valley Conference in Idaho, called 'summer camp for billionaires,' begins with hundreds of private jets arriving at Friedman Memorial Airport. Attendees include media and tech leaders discussing AI and media consolidation. The event sees 300-350 daily aircraft, far exceeding normal airport traffic.
- Netflix open to more deals with traditional TV
Netflix CEO Greg Peters indicated the company is open to more partnerships with traditional TV networks, citing a potential model in its deal with France’s TF1. He also denied that Netflix was bidding against Fox for Roku.