Reed Hastings – Founder and CEO
David Wells – CFO
Ted Sarandos – Chief Content Officer
No correlation between spending and price increases
I shouldn’t let that go without addressing that there’s no timing correlation between our intent to grow content and to grow content spending, and the price increases. I mean, this has been planned for a long time and so we’re sort of growing and slowly growing and planning the business steadily. So we’ve assumed that we’re going to grow ASP slowly over time and we’re taking the content up with that as well.
Happy with competition
I think everyone is going to have their own strategies and it’s exciting that everyone is trying to make over-the-top television better and better. I think that is good for all of us and we just have to focus on creating content that our members can’t live without and get excited about it every month. So that’s really the — and not get too distracted by the competitive landscape around us and whether or not one of our partners decide to produce for us or to compete with us, that’s really a choice that they have to make based on their own business. And we’re thrilled that more people are doing it, because I think it’s great for the — for innovation. I think it’s great for consumers to have a lot of choice, and that we just have to be the best choice out there.