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Manu Fernandez / AP

Netflix co-founder and CEO Reed Hastings spoke with CNBC's Squawk Alley this morning from this year's Code Conference, discussing today's big premiere of season 5 of House of Cards and what's next for the streaming service. Three interesting tidbits…

  1. Netflix's future focus: The company will remain focused on TV and movies, and it has no plans to jump into news or sports as Hastings doesn't want "content that you only want to consume once."
  2. How people watch: Hastings said that two-thirds of viewers watch on large screen televisions, but noted that there's still a lot of room to grow in an Asian market that is much more mobile-centric.
  3. China? "I think that's off the table for the next couple years."

Other things of note:

  • On Amazon: "They're so scary. Everything Amazon does is just so amazing…I don't know if they're the biggest threat, but they're awfully scary."
  • Net neutrality: "Even if [the Trump administration] undermines the Title II rules, my guess would be the net neutrality rules are still followed."
  • How shows get chosen: "Theres some analysis that goes on, but I would say it's fundamentally a creative bet."
  • Will he share House of Cards' ratings? "Absolutely not."
  • What he's watching on Netflix: Force Majeure
  • Netflix's next big show: GLOW, which will premiere this summer from Orange Is the New Black creator Jenji Kohan.

Update: Hastings also spoke later in the morning at the Code Conference, talking up the company's efforts to produce original shows for India especially, but also in Germany, Turkey, Brazil and elsewhere.

"The big focus is on international," Hastings said. In many cases, content created for one market still has appeal elsewhere in the globe.

China, he said, though proved to have too many regulatory hurdles. "We probably assessed it wrong," he said, saying the company's natural optimism it could launch there eventually got "beat down."

Some other highlights from his Code appearance:

On Amazon v. Netflix: "They are trying to be Walmart; we are trying to be Starbucks."

On the possibility of ads on Netflix: "We're really committed to an ad-free experience." (Applause from crowd.)

On net neutrality: The Trump Administration is going to roll back rules no matter what anybody says. Hastings said Netflix still believes in net neutrality, but it is no longer their top policy priority.

Go deeper

Neera Tanden withdraws nomination for Office of Management and Budget director

Neera Tanden testifying before the Senate Budget Committee in Washington, D.C., in February 2021. Photo: Anna Moneymaker/The New York Times/Bloomberg via Getty Images

Neera Tanden withdrew her name from nomination to lead the Office of Management and Budget after several senators voiced opposition and concern about her qualifications and past combative tweets, President Biden announced Tuesday.

Why it matters: Tanden’s decision to pull her nomination marks Biden's first setback in filling out his Cabinet with a thin Democratic majority in the Senate.

What's ahead for the newest female CEOs

Jane Fraser (L) and Rosalind Brewer. Photos: Jason Redmond/AFP via Getty Images; Rodrigo Capote/Bloomberg via Getty Images.

The number of women at the helm of America’s biggest companies pales in comparison to men, but is newly growing — and their tasks are huge.

What's going on: Jane Fraser took over at Citigroup this week, the first woman to ever lead a major U.S. bank. Rosalind Brewer will take the reins at Walgreens in the coming weeks (March 15) — a company that's been run by white men for more than a century.

3 hours ago - Health

Biden says U.S. will have enough vaccines for 300 million adults by end of May

President Biden. Photo: Anna Moneymaker-Pool/Getty Images

President Biden on Tuesday said that ramped-up coronavirus vaccine production will provide enough doses for 300 million Americans by the end May.

Why it matters: That's two months sooner than Biden's previous promise of enough vaccines for all American adults by the end of July.