Reed Hastings's Profile
Brief about Reed Hastings: By info that we know Reed Hastings was born at 1960-10-08. And also Reed Hastings is American Businessman.
Some Reed Hastings's quotes. Goto "Reed Hastings's quotation" section for more.There's a finite market for DVD-by-mail, and the growth over the next 10 years will be in streaming.
Tags: Growth, Market, NextThink of Internet on the TV like the Web browser. The amount of time you spend on the PC in the browser is just going to grow continuously.
Tags: Grow, Spend, TimeWe are seeing the beginning of things. Web 2.0 is broadband. Web 3.0 is 10 gigabits a second.
Tags: Beginning, Second, SeeingWhat's got me excited about the education space is the growth of the Internet over the next 10, 20, 30 years.
Tags: Education, Growth, NextAbout 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.
Tags: Education, Technology, WorkComparing 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.
Tags: Apple, Eating, MistakesI 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.
Tags: Battle, Company, TowardIn 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.
Tags: Age, Computers, TechnologyIn the States, there's ESPN3, and each country has different options, and other than premiere league football, there tends to be very little global content. And movie and TV rights are pretty broad content.
Tags: Country, Football, PrettyIt 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.
Tags: Difficult, Keep, PlaceMost companies that are great at something - like AOL dialup or Borders bookstores - do not become great at new things people want (streaming for us) because they are afraid to hurt their initial business.
Tags: Business, Great, HurtMy first company, Pure Software, was exciting and innovative in the first few years and bureaucratic and painful in the last few before it got acquired. The problem was we tried to systemize everything and set up perfect procedures.
Tags: Last, Perfect, ProblemSo much of the downstream revenue is linked to that initial excitement, to how much revenue is produced in the domestic box office. For example, what we pay for a film three years later is highly correlated to how well it did in the box office.
Tags: Excitement, Film, ThreeThe 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.
Tags: Become, Government, TryingWe have a very wide range of content, but the brand-newest movies, what's happening with those is a $30 pay-per-view option - not from Netflix but from DirecTV and others - of movies that are in the theater.
Tags: Content, Movies, OthersWell, we're about 24 million subscribers today, and that's up from about 15 million a year ago, so it's a very high rate of growth, and that's what's exciting about the business - more and more people are getting smart TVs, they're watching Netflix on their iPads.
Tags: Business, Smart, TodayWhen we think about online learning, it's such 'early days.' Bill Gates is a wildly smart insightful guy. Yet, even a guy as smart and insightful as that, 30 years ago can say things like,'Who's every going to need more than 640K of memory?'
Tags: Days, Learning, SmartAt Netflix, we think you have to build a sense of responsibility where people care about the enterprise. Hard work, like long hours at the office, doesn't matter as much to us. We care about great work.
Tags: Care, Great, WorkRelated topics
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