Bloomberg Businessweek - USA (2020-12-07)

(Antfer) #1
Bloomberg Businessweek

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HAMDOCK: ASHRAF SHAZLY/AFP/GETTY IMAGES. HASTINGS: ERNESTO S. RUSCIO/GETTY IMAGES. BARBER: DANIEL POCKETT/GETTY IMAGES. JAMES: JOSHUA RASHAAD MCFADDEN/GETTY IMAGES. HOWARD: RINGO CHIU/ZUMAPRESS.COM/ALAMY

ABDALLA


HAMDOK


PRIME MINISTER,
SUDAN

○ The former United Nations
economist implemented a
half-dozen major new policies
this summer, maybe the
boldest reforms in the Muslim
world in a century.
Sudan’s government, an alliance of civilian
and military leaders formed after a popu-
lar uprising toppled dictator Omar al-Bashir,
is meant to be a stopgap. But even with
elections expected in 2022, Hamdok has
embarked on an audacious socio political
reform program—perhaps surprising since
he was a relatively obscure technocrat
before his elevation to the premiership,
recently serving in a senior UN post.
In July, Hamdok abolished laws against
apostasy, ended punishment by flog-
ging, criminalized female genital mutila-
tion, scrapped rules requiring women to
get a permit from a male family member
to travel with their children, and loosened
prohibitions on the sale and consumption
of alcohol. Perhaps most remarkable of
all, his government has pledged to sepa-
rate religion from the state, effectively end-
ing 30 years of Islamic rule. The last global
Muslim leader to attempt such a transfor-
mation was Kemal Ataturk, who turned
Turkey into a secular republic in the 1920s.
Still, Sudan remains desperately poor,
its moribund economy made even more so
by the coronavirus pandemic. Donors and
investors could grow less wary, though, now
that the Trump administration has removed
the country from the U.S. Department of
State’s list of sponsors of terrorism, an
anachronous legacy of the al-Bashir era.
—Bobby Ghosh

LOS GATOS, CALIF. ○ Netflix
saw the fastest growth in its
23-year history when it added
28  million subscribers in the first
nine months of 2020.

This was supposed to be a tough year for
Netflix. Apple, Comcast, Disney, and HBO all
started services to compete with the $212 bil-
lion company. The streaming wars, the think-
ing went, would distract or siphon off Netflix
customers. But by the time the coronavirus
pandemic hit, Netflix had stockpiled a moun-
tain of binge-worthy content for people stuck
at home with no theaters to go to and little
new programming from traditional networks.
And because part of Hastings’s strategy is to
release new TV seasons all at once—not to
mention that Netflix spends more than $17 bil-
lion annually on programming—it overwhelmed
its competitors with variety and volume.
At a time when challengers couldn’t pro-
duce new entertainment, the streaming ser-
vice released popular docuseries (Tiger King),
reality shows (Love Is Blind), movies (The Old

Guard), and foreign-language programs (Dark),
making it seem as if current events hadn’t
affected the company at all. Although record
unemployment has forced people to rethink
their spending, they’ve been more inclined to
cut the cord than to stop paying for Netflix,
which will surpass 200 million customers by
yearend. —Lucas Shaw

REED


HASTINGS


CO-CEO, NETFLIX INC.


○ The Facebook fundraiser
she started in early January
brought in more than A$51 million
($37 million) for Australian
wildfire relief, the largest charity
drive in the platform’s history.

As Australia’s federal and state governments
cobbled together a relief package follow-
ing blazes that destroyed an area the size of
New York state, Barber promoted her fund-
raising appeal on social media. On Instagram,
where she has more than 7  million follow-
ers, she’s best known for reenacting posts
in a split-screen style that contrasts the ele-
gance of celebrities and influencers with her

own awkwardness: Kendall Jenner calmly and
coolly navigating her way down a rocky hill
vs. Barber’s eye-popping, panicked plummet;
singer Dua Lipa posing in a one-piece bath-
ing suit on an exercise bike vs. Barber plopped
down on a road bike that’s missing a back
wheel.
Barber’s fame helped buoy donations to
support fire services in the southeastern state
of New South Wales, where much of the dev-
astation occurred, as monthslong fires razed
thousands of homes and killed dozens of
people as well as an estimated 1 billion animals.
On Jan. 14, as donations were rolling in, Barber
commented on an Instagram post that she was
“feeling the love.” To properly capture her joy,
she and her husband re-created a viral video of
a supermodel dancing poolside with an Italian
millionaire. —Rebecca Jones

CELESTE BARBER


COMEDIAN

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