Ted Sarandos Is ‘Surprised It Took Everyone This Long’ to Challenge Netflix in Streaming

The streaming space is heating up, with four major companies launching their own services in the next six months. Netflix’s chief creative officer Ted Sarandos is amazed they haven’t faced this kind of competition sooner. “I was surprised it took everyone this long,” Sarandos told Katie Couric on Wednesday during the Vanity Fair New Establishment Summit in Beverly Hills. “This is why we made ‘House of Cards’ 7 years ago. I said, ‘Someday, these guys are not going to sell us their programming, we better get good at it.'” Apple is launching Apple TV+ on Nov. 1, which will feature the debut of heavily-anticipated series like “The Morning Show.” The service will cost $4.99 a month and is free for a year for anyone who buys a new iPhone, Mac or iPad. Meanwhile, Disney will launch Disney+ 11 days later, for $6.99 a month, which will feature both licensed and new programming from Marvel Studios, Pixar, Nat Geo and LucasFilm. Also Read: 'El Camino: A Breaking Bad Movie' Was Watched by More Than 25 Million Households in Its First Week, Netflix Says Next spring, WarnerMedia will launch HBO Max and NBCUniversal will debut Peacock. “When we made this bet, we...

Read original story Ted Sarandos Is ‘Surprised It Took Everyone This Long’ to Challenge Netflix in Streaming At TheWrap