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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.

Reed Hastings

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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Looks
Build
Trodden
Always
Pretty
Licensing
Path
Cable
Almost
Cables
Start
Networks
Look
Base
Wells
Wherever
Well
Content
Subscriber

More quotes by Reed Hastings

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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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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.
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On the Internet you get continuous innovation, so every year the streams are a little better.
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Be big, fast and flexible.
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Our brand at Netflix is really focused on movies and TV shows.
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I watch mostly independent films.
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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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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?
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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.
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Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
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I think there will be 20 years of evolution from linear broadcast to internet television.
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The Netflix brand for TV shows is really all about binge viewing. The ability to get hooked and watch episode after episode.
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Companies rarely die from moving too fast, and they frequently die from moving too slowly.
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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.
Reed Hastings
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I'm an HBO subscriber, and I watch a bunch of great shows on HBO.
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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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Do not tolerate brilliant jerks. The cost to teamwork is too high.
Reed Hastings
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I don't know of any Internet service that opens on a regional basis.
Reed Hastings
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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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Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
Reed Hastings