Latest Reed Hastings Quotes from Interviews

Quotes about:

• 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

  Jobs, Growing Up, Impact

  Source: www.macleans.ca

• 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

  Looks, Path, Wells

  Source: www.macleans.ca

• Technological revolutions are very hard to predict. My favourite example is someone in 1850 taking care of horses as a farrier. They would have said, "Look, horses have been part of human existence for 5,000 years. We are horse people. It's permanent." But all of a sudden, the internal combustion engine comes along and, with it, oil fields and automobiles, which basically replace the horse completely. So we often have these long periods of stability and then a sudden inflection point.

  Reed Hastings

  Horse, Years, Oil

  Source: www.macleans.ca

• Interactivity and a better experience aren't always the same thing.

  Reed Hastings

  Source: www.macleans.ca

• Interactivity is a big part of video games, which have been a big part of entertainment for 20 years. That's what we think of as a 'lean-forward' type of entertainment. It's much more intense. But TV is more of a 'lean-back' entertainment - so the big improvement there is on-demand, because it conforms to your schedule.

  Reed Hastings

  Thinking, Years, Games

  Source: www.macleans.ca

• 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?

  Reed Hastings

  Challenges, Moved On, Entertainment

• 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

  Believe, Tv Shows, Long

• 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

  Shows, Wells, Competitors