Netflix CEO Reed Hastings argued that his company is more of a media company than a tech company because it spends most of its money on content, Recode reported.
Many of the other big tech firms have resisted labeling themselves as media companies and instead opted for the label of “platform.”
Hasting’s response came after Recode asked about the role U.S. lawmakers should play in regulating tech companies.
Submitted March 19, 2019 at 08:54AM by coolcomfort123 https://ift.tt/2TOP7pu
