KEY POINTS
  • "As a consumer of television and movies, I love what's happening," says Marc Randolph, co-founder of Netflix.
  • The company's first CEO says he thinks Netflix will be able to compete with new entrants into the streaming wars, such as Apple and Disney.
  • Randolph, who left the company in 2003, still owns shares of the streaming giant.

Netflix co-founder Marc Randolph told CNBC on Tuesday that he views the growing competition in video streaming positively.

"As a consumer of television and movies, I love what's happening," Randolph, who left Netflix in 2003, said on "Closing Bell." "I certainly don't only watch Netflix. I enjoy the fact there is multiple companies producing content. I think it's great for consumers."