Reed Hastings Says Amazon Outbid Netflix for 'Fleabag'

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Reed Hastings Says Amazon Outbid Netflix for 'Fleabag'
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Netflix Got Outbid for 'Fleabag'

Speaking at the RTS Cambridge Convention, the Netflix boss also said the explosion in production costs will soon make mega-budget 'The Crown'"look like a bargain".

“We’ve been preparing for this moment since 2012 … I’m a little surprised it took this long,” said Netflix CEO Reed Hastings, speaking about the recent SVOD explosion as part of his keynote discussion on the final day of the Royal Television Society’s Cambridge Convention in the U.K.

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