Netflix Co-CEO Greg Peters Talks About Tariffs, Levy, Ads, and Sports Teams

During a recent interview at The Wall Street Journal CEO Council Summit, Netflix co-CEO Greg Peters shared some intriguing insights into the popular streaming service. When asked about a proposed 5% levy on foreign streaming services in the U.K. to fund British production, Peters expressed reservations, citing beloved U.K. titles like Adolescence, Toxic Town, Fool Me Once, and Black Doves that have resonated with audiences.

The conversation also touched on President Trump’s mention of possible tariffs on foreign entertainment and how the U.S. can boost its production appeal. Peters highlighted the success of the U.K. as Netflix’s second-largest production center outside the U.S., praising the country’s robust infrastructure, exceptional talent pool, and valuable production incentives.

Netflix is clearly navigating political and industry landscapes with a strategic mindset, addressing these pressing topics with thoughtfulness and purpose. It’s fascinating to see how the streaming giant continues to evolve its global strategy in response to shifting dynamics and opportunities.