Reed Hastings Quotes

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Reed Hastings

Profession : Businessman

Birth : October 8, 1960

I've worked very hard, but my life's always been fun.

Reed Hastings

I think there will be 20 years of evolution from linear broadcast to internet television.

Reed Hastings

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.

Reed Hastings

My 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.

Reed Hastings

At 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.

Reed Hastings

Broadcast TV is like the landline of 20 years ago.

Reed Hastings

In the U.S., HBO is a very aggressive service.

Reed Hastings

In 20 years from now we will all be able to click and watch TV.

Reed Hastings

I'm an HBO subscriber, and I watch a bunch of great shows on HBO.

Reed Hastings

I hate the photo shoots. I hate all that stuff.

Reed Hastings

In hindsight, I slid into arrogance based upon past success.

Reed Hastings

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.

Reed Hastings

On the Internet you get continuous innovation, so every year the streams are a little better.

Reed Hastings

We 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.

Reed Hastings

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.

Reed Hastings

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.

Reed Hastings

When 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?'

Reed Hastings

Our brand at Netflix is really focused on movies and TV shows.

Reed Hastings

In 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.

Reed Hastings

Comparing 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.

Reed Hastings