Ted Sarandos wasn’t convinced about the move away from physical media when it was first suggested to him.
Netflix and streaming are two birds of a feather. One cannot be said in the same breath without the other. But there was a time when Netflix wasn’t a streaming platform. Yep, younger folk who perhaps have only ever known Netflix as a streaming site might be horrified to know that it used to operate by renting physical media through the post, with the idea essentially being a physical media library, somewhat similar to Blockbuster but without the need for physical stores.