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I think there will be 20 years of evolution from linear broadcast to internet television.

Reed Hastings

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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Evolution
Internet
Television
Years
Think
Thinking
Broadcast
Linear

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I watch mostly independent films.
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Taking smart risks can be very gratifying.
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The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.
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I hate the photo shoots. I hate all that stuff.
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Truly brilliant marketing happens when you take something most people think of as a weakness and reposition it so people think of it as a strength.
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Do not tolerate brilliant jerks. The cost to teamwork is too high.
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Not every show has to work equally well. It just has to work better than any competitor because then we can outbid for the content.
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Our brand at Netflix is really focused on movies and TV shows.
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In the long term, you have to believe that movies and TV shows will be like the opera and the novel, pretty nichey businesses.
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About half my work in education is U.S. political reform around school districts and charter schools, and creating more room for entrepreneurial organizations to develop. And about half on technology, which I look at as a global platform.
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Be big, fast and flexible.
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In fact, technology has been the story of human progress from as long back as we know. In 100 years people will look back on now and say, 'That was the Internet Age.' And computers will be seen as a mere ingredient to the Internet Age.
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When there's an ache, you want to be like aspirin, not vitamins. Aspirin solves a very particular problem someone has, whereas vitamins are a general nice to have market.
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Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
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I don't know of any Internet service that opens on a regional basis.
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I founded Netflix. I've built it steadily over 12 years now, first with DVD becoming profitable in 2002, a head-to-head ferocious battle with Blockbuster and evolving the company toward streaming.
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Tomorrow when you come to work, if it doesn't make the customer happy, move the business forward, and save us money - don't do it.
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If you look at cable networks, they almost always start licensing content wherever they can, so they can build a subscriber base. But then they start doing their own content it's a pretty well-trodden path.
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It is clear that for many of our members two websites would make things more difficult, so we are going to keep Netflix as one place to go for streaming and DVDs.
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Companies rarely die from moving too fast, and they frequently die from moving too slowly.
Reed Hastings