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Recode Daily

Netflix will return after these messages

Recode Daily

Recode

Science, Technology, Society & Culture

4.61.3K Ratings

🗓️ 17 May 2022

⏱️ 13 minutes

🧾️ Download transcript

Summary

Netflix’s subscriber base is shrinking. So they’re turning to ads to boost them. Recode senior correspondent Peter Kafka (@pkafka) explains. Read Peter’s story: https://www.vox.com/recode/23065689/streaming-netflix-ads-tv-peter-kafka Today’s episode was produced and engineered by Jon Ehrens and hosted by Adam Clark Estes. Support Recode Daily by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Mailchimp would like to talk to you about customers.

0:03.6

A customer is what happens when marketers fail to personalise their marketing,

0:07.7

grouping customers with very different behaviours into one tangled mess.

0:11.8

But with MailChimp, marketers can use real-time behaviour data to personalise every email for every customer.

0:18.2

So get MailChimp and turn your customers into customers.

0:22.4

Into it MailChimp, the number one email marketing and automation brand.

0:26.7

Based on customer numbers, per verification email, appetisingatmailchimp.com.

0:34.2

It's Rico Daley. I'm Adam Clark Estes.

0:37.6

What do you think of when you hear this sound?

0:43.2

Or this one?

0:48.3

For years, these sonic signifiers meant you were in for a different kind of viewing experience.

0:53.8

One unencumbered by the constraints of the typical TV watching experience.

0:58.0

Namely,

1:06.1

But as the streaming wars heat up, Netflix, HBO and others are retreating to the tried and

1:11.7

true business model of the small screen. No longer will the revenue be entirely based on

1:16.4

subscriptions. That's right, ads are making a comeback in the streaming age.

1:21.5

Rico Senior Correspondent Peter Kafka has been covering this story and he joins us now to tell us more.

1:28.1

Hey, Peter.

1:29.6

Yeah, Adam, how's your TV viewing going these days?

1:32.7

It's going great. I've been watching a lot of Netflix, but I have a feeling that might soon change.

1:37.3

Things really so bad for Netflix that they need to backtrack on one of their biggest selling points.

1:42.6

Things are bad. Netflix is a company that's only growth for the last decade and they expected

...

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