Enter multiple symbols separated by commas

Netflix Is a 'Chimp', Not a 'Gorilla': Time Warner CEO

As Netflix continues to increase its presence in the media landscape, Time Warner CEO Jeff Bewkes doesn't consider the online DVD subscription and streaming service company as a threat.

"I would say it [Netflix] is like a 200 pound chimp — it's not an 800 pound gorilla," Bewkes told CNBC in an interview on Thursday.

Bewkes said Netflix is a not a threat to Time Warner's multi channel HBO television programming service.

"No, it's just another competitor," he said, "We have plenty of competition that's fine."

Contact Media


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.