- HBO programming chief Casey Bloys had some criticism for the runaway spending of his network's streaming rivals, Netflix and Amazon, in a new interview with The Hollywood Reporter.
- Bloys speculated that widespread, exorbitant TV spending could mean that the industry is "in a bubble."
- He said that his rivals' spending feels like "irrational exuberance," in a reference to Alan Greenspan's label for the dot-com bubble of the 1990s.
ADVERTISEMENT
HBO's programming boss says Netflix's enormous TV spending feels like the 'irrational exuberance' of the 90s dot-com bubble
HBO programming chief Casey Bloys had some criticism for the exorbitant spending of his network's streaming-based rivals, Netflix and Amazon.
HBO programming chief Casey Bloys had a degree of criticism for the big spending of his network's streaming-based rivals, Netflix and Amazon, in a new interview with The Hollywood Reporter.
In a conversation centered on the million-dollar salaries HBO is paying stars Nicole Kidman and Reese Witherspoon for a second season of its hit series "Big Little Lies," Bloys also discussed the record-breaking, nine-figure contracts Netflix has given to successful showrunners Ryan Murphy and Shonda Rhimes in the past year.
He said Netflix's runaway spending was emblematic of the fact that, in today's TV industry, "
ADVERTISEMENT
THR's Lacey Rose then asked, "At some point, there’s a ceiling, no?," regarding spending in TV.
"
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
ADVERTISEMENT