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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.
Reed Hastings
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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Show
Shows
Better
Wells
Well
Competitor
Work
Competitors
Every
Equally
Content
More quotes by 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
In the long term, you have to believe that movies and TV shows will be like the opera and the novel, pretty nichey businesses.
Reed Hastings
Companies rarely die from moving too fast, and they frequently die from moving too slowly.
Reed Hastings
Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.
Reed Hastings
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.
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
Our brand at Netflix is really focused on movies and TV shows.
Reed Hastings
Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.
Reed Hastings
Be big, fast and flexible.
Reed Hastings
Something will eventually replace the Internet. But it's hard to know what and when it will happen.
Reed Hastings
Interactivity and a better experience aren't always the same thing.
Reed Hastings
But as an entrepreneur you have to feel like you can jump out of an aeroplane because you're confident that you'll catch a bird flying by. It's an act of stupidity, and most entrepreneurs go splat because the bird doesn't come by, but a few times it does.
Reed Hastings
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.
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 learned the value of focus. I learned it is better to do one product well than two products in a mediocre way.
Reed Hastings
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.
Reed Hastings
I think there will be 20 years of evolution from linear broadcast to internet television.
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
The Netflix brand for TV shows is really all about binge viewing. The ability to get hooked and watch episode after episode.
Reed Hastings
