Attention cable cord-cutters: Do not expect to see live sports or evening newscasts on Netflix anytime soon.

When asked whether Netflix would ever create a live evening newscast, Reed Hastings, the company’s chief executive and one of its founders, responded: “You don’t want to invest in things that are dying.” He also said that he did not see a day when the site would offer live sporting events.

Speaking at the DealBook conference in New York on Tuesday, Mr. Hastings said the company would spend $5 billion next year on content and the focus would continue to be original shows, like Aziz Ansari’s “Master of None,” a new series that goes online Friday.