Reed Hastings
Reed Hastings
Reed Hastings,is an American entrepreneur and philanthropist. He is the co-founder and CEO of Netflix and serves on the boards of Facebook and a number of non-profit organizations. A former member of the California State Board of Education, Hastings is an advocate for education reform through charter schools...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth8 October 1960
CityBoston, MA
CountryUnited States of America
years becoming looks
Fibre optic is becoming like electricity. If you look at how electricity spread around the globe 100 years ago, that's what's happening now.
space years growth
What's got me excited about the education space is the growth of the Internet over the next 10, 20, 30 years.
technology years long
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.
thinking years television
I think there will be 20 years of evolution from linear broadcast to internet television.
years dvds battle
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.
years tvs years-ago
Broadcast TV is like the landline of 20 years ago.
years innovation littles
On the Internet you get continuous innovation, so every year the streams are a little better.
charter dedication great impressed looked people quality schools
There's some great charter schools and some not-so-great charter schools. I looked at quality, and I was impressed by the dedication of the people involved.
advantages bill current extend growth increases looks mail million planet volume year
Bill Henderson is about the only person on the planet who looks at our volume of mail as a trickle. We'll look for him to extend our current competitive advantages in this area, particularly as our mail volume increases with our forecasted growth to at least 5.65 million subscribers this year and 20 million by 2010-2012.
both market plenty
Blockbuster is succeeding, ... But the market is plenty big for both of us.
box domestic highly initial later linked pay produced revenue three
So 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.
business exciting high million netflix people rate smart watching year
Well, 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.
afraid aol bookstores borders business companies great initial people
Most 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.
begins climate content launch ready
will be ready to launch when the content climate begins to thaw.