Connect with us

iWorld

Netflix aims at 50% original programming

Published

on

MUMBAI: Challenge for few, exhilaration for many. Netflix CFO David Wells has shown a keen interest in expanding its library of original content. The streaming service is driving towards having half the content to be original production over the next five years. The rest will represent licensed TV shows and movies.

Wells said that they had been on a multiyear transition and evolution toward more of their owned content. Marking a shift in the balance between licensed and commissioned content, the service is already one-third to halfway towards reaching this target.

According to Wells, the goal for Netflix was to release something that appeals to each individual subscriber. On that front, they had got ways to go across different genres and formats. The nice thing about the platform was that it allows a lot of creative freedom, allowing for episodes of varying lengths.

Advertisement

It’s been three years since Netflix started making original programming with House of Cards, Daredevil and more recently Stranger Things. In the movie space, the service has Adam Sandler’s The Ridiculous 6.

Internationally, Netflix aims for about 80 per cent Hollywood content and 20 per cent local programming. Wells said that the exception was Japan, where Netflix bent more toward 50 per cent local content. About having an ad-supported model, Wells said that there was no such immediate plan.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

eNews

OpenAI recruits Peter Steinberger, OpenClaw architect, to build new personal agents

The creator of the viral OpenClaw assistant joins OpenAI to lead development of next-generation AI systems

Published

on

CALIFORNIA: Peter Steinberger, the developer behind the viral personal assistant OpenClaw, has officially joined OpenAI. He has been tasked with leading the development of the next generation of personal AI agents, focusing on systems that can perform complex, real-world tasks autonomously.

OpenAI chief executive Sam Altman announced the appointment on X, confirming that Steinberger’s expertise will be central to the company’s future agent strategy.

Steinberger’s assistant has recently gained significant attention for its capabilities, which include managing calendars, booking flights, and even interacting with other AI assistants on a dedicated social network. The project went through two rapid name changes before settling on its current branding, OpenClaw. Initially, it was called Clawdbot, but the name was dropped due to legal concerns from Anthropic over its similarity to their “Claude” model. It was briefly renamed Moltbot before Steinberger finalized the OpenClaw name.

Advertisement

In a blog post explaining his move, Steinberger stated that while he could have built OpenClaw into an independent corporation, the prospect did not interest him. He noted that his primary ambition is to change the world through technology rather than managing a large business. Joining OpenAI, he explained, is the most efficient way to bring this technology to a global audience.

Despite Steinberger moving to a corporate role, the OpenClaw project will not disappear. Sam Altman clarified that OpenClaw will transition into a foundation as an open-source project. OpenAI has committed to providing ongoing support for the project to ensure it remains available to the developer community.

Advertisement
Continue Reading

Advertisement News18
Advertisement All three Media
Advertisement Whtasapp
Advertisement Year Enders

Copyright © 2026 Indian Television Dot Com PVT LTD