Comcast's Roberts sees Netflix as a home for reruns

Comcast (Nasdaq: CMCSA) Chairman-CEO Brian Roberts candidly laid it on the line when the Wall Street Journal asked about Netflix. "What used to be called 'reruns' on television is now called Netflix," he said.

The comment, especially in light of Netflix's recent deal to air programs from within the CBS content library, is currently accurate but historically shaky because it misses two salient points: Most cable channels--including the new Comcast acquisition USA Network--got their start showing reruns, and Netflix has built an audience of 20 million people to see that kind of content running, most times, over the cable broadband pipe.

Still, for sheer fun and stirring the pot, the statement is classic enough to repeat.

For more:
- Business Insider has this story

Related articles:
CBS signs two-year deal with Netflix; Canadian group assails the concept
Level 3 protests fees to deliver Netflix movies to Comcast customers
Netflix faults Comcast in Level 3 dispute

Suggested Articles

Altice USA is giving premium pay to its customer-interfacing employees during the coronavirus crisis, but not all cable technicians will qualify.

T-Mobile this week wrapped up the lengthy process of acquiring Sprint. With the deal done, the company may pick up where it left off on video.

The Hulu app is starting to roll out across the Comcast Xfinity X1 platform after last month showing up on the Xfinity Flex platform.