Netflix's first CEO says its recommendations have always been based partly on your taste and partly on what Netflix needs you to watch

Australia News News

Netflix's first CEO says its recommendations have always been based partly on your taste and partly on what Netflix needs you to watch
Australia Latest News,Australia Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Netflix's cofounder and first CEO, Marc Randolph, explains the strategy behind the company's original recommendation engine.

simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

The algorithms made suggestions that optimized for the company's inventory of DVDs and movies, at the time, as well as viewers' tastes. The company's cofounder and first CEO described Netflix's early DVD-matching system that launched in 2000, called Cinematch, in his new book,"That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea."

"We had to find a way to recommend items that weren't the easy ones that everyone thought about, which was new releases, but ones that they might like even better that we also happen to have in stock or have better economic availability," Randolph said."I think — I'm not part of the company now — that's never changed."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Imax CEO Talks Supersizing Netflix Originals, China Trade TensionsImax CEO Talks Supersizing Netflix Originals, China Trade Tensions'We would love to have the opportunity to play some of the blockbuster streaming movies in Imax,' Richard Gelfond told an investors conference.
Read more »

Disney CEO Bob Iger Exits Apple’s Board As Two Companies Prepare To Launch Competing Streaming ServicesDisney CEO Bob Iger Exits Apple’s Board As Two Companies Prepare To Launch Competing Streaming ServicesDisney CEO Bob Iger has departed Apple’s board of directors, as the two companies prepare to launch competing streaming services by DawnC331
Read more »

Four Words That Give This CEO The Courage To Take On The Beauty IndustryFour Words That Give This CEO The Courage To Take On The Beauty IndustryHarvard grad Grace Choi is using technology to give women the tools (like her Makeup Hacker) to create what they want so they no longer need to accept what companies (like the beauty industry) make for them. She's driven by four simple words.
Read more »

U.S., Chinese trade deputies seen meeting Friday: U.S. Chamber CEOU.S., Chinese trade deputies seen meeting Friday: U.S. Chamber CEOU.S. and Chinese deputy trade negotiators are expected to meet on Friday, with s...
Read more »

Peugeot CEO Tavares Raises The Brexit Temperature With Fierce RhetoricPeugeot CEO Tavares Raises The Brexit Temperature With Fierce RhetoricAs the Brexit deadline of October 31 approaches and the possibility Britain and the European Union (EU) might fail to agree a withdrawal deal looms larger, automotive industry leaders are cranking up the rhetoric, with PSA Group CEO Carlos Tavares saying failure to agree a deal would destroy the...
Read more »

Former Oil CEO Aims to Change How the U.S. Exports Natural GasFormer Oil CEO Aims to Change How the U.S. Exports Natural GasSeaOne Holdings, founded by the former chief of shale giant EOG Resources, has new technology for shipping U.S. natural gas abroad—and a plan to build natural-gas power plants in Colombia.
Read more »



Render Time: 2025-04-02 22:05:27