The news: Netflix confirmed a future move into video podcasts as part of its efforts to diversify content and directly compete with YouTube.
- On Netflix’s Q1 earnings call, co-CEO Ted Sarandos said that “lines are getting blurry” between podcasts and talk shows and that video podcasts are likely to appear in the near future.
- “We want to work with great creators across all kinds of media that consumers love. … As the popularity of video podcasts grows, I suspect you’ll see some of them find their way to Netflix,” Sarandos said.
The company is reportedly exploring deals with popular video podcasters, per Business Insider.