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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.
Broadcast
Linear
Evolution
Internet
Television
Years
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Thinking
More quotes by Reed Hastings
Interactivity and a better experience aren't always the same thing.
Reed Hastings
Be big, fast and flexible.
Reed Hastings
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.
Reed Hastings
The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.
Reed Hastings
I got the idea for Netflix after my company was acquired. I had a big late fee for Apollo 13. It was six weeks late and I owed the video store $40. I had misplaced the cassette. It was all my fault.
Reed Hastings
The Costa Rican government is prioritizing laying fiber optic over paving roads. Costa Rica is trying to become one of the Internet societies. This is happening throughout the world.
Reed Hastings
I don't know of any Internet service that opens on a regional basis.
Reed Hastings
I hate the photo shoots. I hate all that stuff.
Reed Hastings
Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.
Reed Hastings
Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
Reed Hastings
Human entertainment will have moved on to something new. Then the ultimate challenge for us is, can we figure out what that new form of entertainment is?
Reed Hastings
On the Internet you get continuous innovation, so every year the streams are a little better.
Reed Hastings
The Netflix brand for TV shows is really all about binge viewing. The ability to get hooked and watch episode after episode.
Reed Hastings
Our brand at Netflix is really focused on movies and TV shows.
Reed Hastings
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.
Reed Hastings
Comparing Apple to Netflix is like comparing apples to oranges, especially if the oranges made so many mistakes that people stopped eating oranges and just went back to Blockbuster.
Reed Hastings
When you grow up, as I have, in the shadow of Steve Jobs, Bill Gates and others, success is defined as the total global transformation of a market. To achieve that, you need low prices and an attractive offering. It's about trying to make a positive impact on a big scale.
Reed Hastings
I learned the value of focus. I learned it is better to do one product well than two products in a mediocre way.
Reed Hastings
Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
Reed Hastings
If the Starbucks secret is a smile when you get your latte... ours is that the Web site adapts to the individual's taste.
Reed Hastings