HBO programming chief Casey Bloys had some criticism for the runaway spending of his network's streaming rivals, Netflix and Amazon, in a new interview with The Hollywood Reporter.
Bloys speculated that widespread, exorbitant TV spending could mean that the industry is "in a bubble."
He said that his rivals' spending feels like "irrational exuberance," in a reference to Alan Greenspan's label for the dot-com bubble of the 1990s.
HBO programming chief Casey Bloys had a degree of criticism for the big spending of his network's streaming-based rivals, Netflix and Amazon, in a new interview with The Hollywood Reporter.
In a conversation centered on the million-dollar salaries HBO is paying stars Nicole Kidman and Reese Witherspoon for a second season of its hit series "Big Little Lies," Bloys also discussed the record-breaking, nine-figure contracts Netflix has given to successful showrunners Ryan Murphy and Shonda Rhimes in the past year...
