EXCLUSIVE: The European Broadcasting Union (EBU) has responded to Reed Hastings’ claim Netflix is the “biggest builder” of cross-country culture in the EU. The EBU, which represen…
The EBU, which represents Europe’s public broadcasting networks, said its members spend €20BN a year on “homegrown” content, well above the investment of SVoD services.the cultural capital of Netflix, especially its ability to attract viewers from one country to content from another.Ex-Netflix Exec Chris Sussman Signs Banijay Deal As Super-Indie's $59M Investment Drive Continues
However, in a statement issued to Deadline, the EBU pointed to several metrics by which Europe’s networks lead international streaming rivals.
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