Netflix may be doing more programming locally, but it is definitely still thinking globally.
Asked on Thursday’s earnings call about the current worldwide economic uncertainty, which for lay people means President Trump’s tariffs, Netflix co-CEO Greg Peters acknowledged he is “playing close attention, clearly, to the consumer sentiment and where the broader economy is moving.”
Not that he and his fellow co-CEO Ted Sarandos are worried.
“We pay taxes and levies around the world consistent with all sorts of local regulations. And there’s always some of that that has existed, always has,” Sarandos said. “But what we’re seeing today, we’re not changing anything in the forecast.”
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Peters said he and Sarandos “take some comfort … that entertainment historically has been pretty resilient in tougher economic times.” And you can pretty much double that for Netflix, he said, which Sarandos
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