Netflix

Netflix CEO defends pulling episode of show critical of Saudi Arabia

Reed Hastings
Reed Hastings. Photo: Neilson Barnard/Getty Images for New York Times

Netflix CEO Reed Hastings gave a full-throated defense of the company’s decision to remove an episode of the show "Patriot Act With Hasan Minhaj" from its platform in Saudi Arabia after a complaint from the Saudi government about Minhaj's criticisms of Crown Prince Mohammed bin Salman.

Quote"We're not in the news business. We're not trying to do 'truth to power.' We're trying to entertain."
— Hastings at the New York Times Dealbook conference

Old Hollywood takes on streaming services' new reality

Data: PricewaterhouseCoopers; Chart: Lazaro Gamio/Axios

Legendary Hollywood filmmaker Martin Scorcese is clearing up controversial comments he made last month that Disney's Marvel movies are "not cinema" and instead are akin to theme park rides.

Why it matters: Scorcese's comments reflect a greater sentiment of old-guard Hollywood pushing back against the franchising of action films and the greater digitization of movies in today's cinema landscape.