Mark Suster, managing partner of the granddaddy of L.A. venture capital firms and impresario of the annual Upfront Summit, could have chosen from any number of venues to host this year's version of the Coachella of venture capitalism. But why pick an ordinary conference center or hotel when you can rent out the entire Rose Bowl?

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Netflix is now the most nominated film studio at the Oscars. And Ted Sarandos, the streamer's content chief, is doubling down on his push to boost local-language content in the dozens of markets the media company operates in as a direct assault against competitors like Disney Plus, Amazon Prime, and Hulu.

"Our goal is not to just export Hollywood content around the world. We can find a good story from anywhere in the world and make it play anywhere in the world," Sarandos said Thursday at the Upfront Summit at the Rose Bowl, noting that even in the early days of mailing DVDs, the goal was to "take these underdeveloped films and give them a national platform."

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Filmmaker J.J. Abrams and his wife Katie McGrath examined the production company they founded -- Bad Robot -- and realized it was mostly white. Mostly male. And the duo set out to change how they recruit new employees.

Abrams and McGrath mandated that the pool of people they interview for jobs be more representative of the population. Now over 50 percent of the staff is female and over 40 percent are people of color, according to McGrath. "I can't tell you how much it's benefited our business," said Abrams.

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