Quote

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.
Almost
Cables
Start
Networks
Look
Base
Wells
Wherever
Well
Content
Subscriber
Looks
Build
Trodden
Always
Pretty
Licensing
Path
Cable

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Be big, fast and flexible.
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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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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 think there will be 20 years of evolution from linear broadcast to internet television.
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Companies rarely die from moving too fast, and they frequently die from moving too slowly.
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I hate the photo shoots. I hate all that stuff.
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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 the Starbucks secret is a smile when you get your latte... ours is that the Web site adapts to the individual's taste.
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Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.
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Interactivity and a better experience aren't always the same thing.
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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.
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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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I don't know of any Internet service that opens on a regional basis.
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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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I learned the value of focus. I learned it is better to do one product well than two products in a mediocre way.
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Something will eventually replace the Internet. But it's hard to know what and when it will happen.
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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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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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Taking smart risks can be very gratifying.
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Our brand at Netflix is really focused on movies and TV shows.
Reed Hastings