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Netflix Co-CEO: YouTube Misunderstood, Streaming Thrives in Europe

3/18/2026

Summary

Story summary

Ted Sarandos, Netflix co-CEO, told EU policymakers in Brussels that regulators misunderstand YouTube's role and that 55% of YouTube engagement now occurs on televisions.
Netflix's heavy investment in European content generated $3.5 to $3.8 billion in revenue in the last quarter.
He cited success in Netflix's podcasting with Mark Rober, noted challenges in adapting traditional talk shows for streaming, and expressed optimism about theater partnerships after merger talks.

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Story summary

Ted Sarandos, Netflix co-CEO, told EU policymakers in Brussels that regulators misunderstand YouTube's role and that 55% of YouTube engagement now occurs on televisions.
Netflix's heavy investment in European content generated $3.5 to $3.8 billion in revenue in the last quarter.
He cited success in Netflix's podcasting with Mark Rober, noted challenges in adapting traditional talk shows for streaming, and expressed optimism about theater partnerships after merger talks.