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Date
Summary
Netflix CEO: ‘As a Consequence of Slavery ... Black Families in America Have 1/10th the Wealth of White Families’
Subjects
Source
Show
CNN Newsroom
, CNN Newsroom, CNN Newsroom
Name: CNN Newsroom
URL: https://www.cnn.com/shows/newsroom
Name: CNN Newsroom
URL: https://www.cnn.com/shows/newsroom
Name: CNN Newsroom
URL: https://www.cnn.com/shows/newsroom
Persons
Poppy Harlow
, Poppy Harlow, Poppy Harlow, Reed Hastings
, Reed Hastings, Reed Hastings
Name: Poppy Harlow
Employment: CNN
Position: Correspondent
Name: Poppy Harlow
Employment: CNN
Position: Correspondent
Name: Poppy Harlow
Employment: CNN
Position: Correspondent
Name: Reed Hastings
Employment: Netflix
Position: CEO
Name: Reed Hastings
Employment: Netflix
Position: CEO
Name: Reed Hastings
Employment: Netflix
Position: CEO
Event location
–
Link
–
Uploaded
10/02/2020 07:50 pm
Owner
Member deleted, inactive, or not public
Type
Audio
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MP3
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Duration
0:02:44
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Transcript
HARLOW Before you go ░░░░░░░░ do want to ask ░░░░░░░░ about race because you ░░░░░░░░ has been far ahead ░░░░░░░░ your rivals on diversity ░░░░░░░░ your board in leadership ░░░░░░░░ in content frankly You ░░░░░░░░ personally donated 120 million ░░░░░░░░ historically black colleges and ░░░░░░░░ After George Floyd was ░░░░░░░░ in Minneapolis you moved ░░░░░░░░ million of Netflix money ░░░░░░░░ black owned and run ░░░░░░░░ And what you said ░░░░░░░░ that was the move ░░░░░░░░ to close the power ░░░░░░░░ between whites and blacks ░░░░░░░░ you explain that And ░░░░░░░░ you believe that more ░░░░░░░░ leaders need to step ░░░░░░░░ to make room for ░░░░░░░░ black leaders as we ░░░░░░░░ Alexis Ohanian do HASTINGS ░░░░░░░░ a consequence of slavery ░░░░░░░░ Crow and housing policy ░░░░░░░░ families in America have ░░░░░░░░ one tenth of the ░░░░░░░░ of white families If ░░░░░░░░ re going to start ░░░░░░░░ close that economic and ░░░░░░░░ gap we need black ░░░░░░░░ to be able to ░░░░░░░░ in the black communities ░░░░░░░░ every major corporation takes ░░░░░░░░ of their cash and ░░░░░░░░ it in a black ░░░░░░░░ it will be transformative ░░░░░░░░ that sector Now it ░░░░░░░░ not going to solve ░░░░░░░░ of our problems but ░░░░░░░░ will make a real ░░░░░░░░ and it s fairly ░░░░░░░░ for companies to transfer ░░░░░░░░ of their cash to ░░░░░░░░ in the deposit in ░░░░░░░░ banks So already Costco ░░░░░░░░ figured out that they ░░░░░░░░ to do that and ░░░░░░░░ re moving ahead to ░░░░░░░░ so a credit to ░░░░░░░░ We hope others will ░░░░░░░░ that and we can ░░░░░░░░ a steady investment in ░░░░░░░░ wealth creation which will ░░░░░░░░ heal the divide created ░░░░░░░░ slavery HARLOW I want ░░░░░░░░ end on this and ░░░░░░░░ you about censorship and ░░░░░░░░ rights because you made ░░░░░░░░ decision earlier this year ░░░░░░░░ remove an episode from ░░░░░░░░ in Saudi Arabia from ░░░░░░░░ show The Patriot Act ░░░░░░░░ was critical of the ░░░░░░░░ Prince Mohammed bin Salman ░░░░░░░░ that was at the ░░░░░░░░ of the Saudi government ░░░░░░░░ they said it violated ░░░░░░░░ laws Can you explain ░░░░░░░░ and if you would ░░░░░░░░ the same decision again ░░░░░░░░ or was that a ░░░░░░░░ given your support of ░░░░░░░░ speech and the First ░░░░░░░░ HASTINGS You know it ░░░░░░░░ actually a couple years ░░░░░░░░ and it was a ░░░░░░░░ difficult decision We ended ░░░░░░░░ being able to keep ░░░░░░░░ episode up in Saudi ░░░░░░░░ on YouTube strangely not ░░░░░░░░ Netflix and with that ░░░░░░░░ were able to have ░░░░░░░░ of our other content ░░░░░░░░ Queer Eye and Sex ░░░░░░░░ and Orange Is the ░░░░░░░░ Black available in Saudi ░░░░░░░░ So it is a ░░░░░░░░ compromise not something that ░░░░░░░░ approached easily or lightly ░░░░░░░░ on balance we think ░░░░░░░░ s a good move ░░░░░░░░ Reed Hastings appreciate your ░░░░░░░░ The book is fascinating ░░░░░░░░ so much HASTINGS Great ░░░░░░░░ Poppy. Thank you.”
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