Reed Hastings - Netflix


Last quote by Reed Hastings

I think it's building the relationships in the normal way, and we are making progress on that because we are patient. Because we are not trying to push for a certain date. We are just steadily building those
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Apr 27 2017 Netflix
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Reed Hastings is associated, including Netflix, China, and member. Most recently, Reed Hastings has been quoted saying: “I think it's building the relationships in the normal way, and we are making progress on that because we are patient. Because we are not trying to push for a certain date. We are just steadily building those relationships.” in the article Media companies hunt for the key to a $120 billion chest.
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Reed Hastings quotes

It is time to link arms together to protect American values of freedom and

There was just the steady discipline of staying on our game of great shows, great movies and the enjoyment continues to

The basic demand is increasing as people get more comfortable and more aware of Internet television where you don't get the commercial interruptions, where you get to watch where and when you

We have a long way to go when you think about all the movies and TV shows that we don't

For a cable company what it does is it gets consumers to stay on their set top box as opposed to switch to an Apple TV or smart

That's one more channel. If you don't watch Netflix some night what do you do? Sometimes you watch a movie, sometimes you watch sports, sometimes you're on YouTube or Facebook or Snapchat. We compete broadly for screen time-- that's not just against a TV provider it's against all the things you do with that

We compete with FX, with AMC, with HBO, with so many networks, even with the broadcast networks for new shows and Amazon is one of those bidders, they're not even the biggest of those bidders. So it's one more bidder and they're doing some great

I think everybody looks at a business like ours and says, Are they going to be able to finance all those great investments?' But we have a market cap over $50 billion and $3 billion-$4 billion of debt. So it's like having a million dollar house and having $50K of debt on

That's what made us successful for the last 14 years is we've done no M&A. We've stayed out of all those discussions. We don't do bankers meetings. We're very old school in that way. Let's just build the greatest service on earth, and again, it's done very well for our

There's a lot of AT&T investment in content, that could make things tougher. On the other hand it's probably going to get easier for us to recruit Time Warner executives, which are a very talented

Now that they're going to own HBO we think that any special treatment for HBO data would be inappropriate, but I think that's pretty

The key thing is net neutrality, which has not been AT&T's favorite

Then it's available to everyone, which is clearly what consumers

I think we've been very successful in finding technological ways of inhibiting the cross-border VPNs. Like I had mentioned, we didn't win the bidding for the [rights to] the Disney movies in the U.K., so it's clearly not fair to allow our U.K. subscribers to watch the Disney from Canada or the U.S. So we've found, with the help of the studios, some more technology to enforce their

With more revenue, we can reinvest to further improve Netflix to attract new members from around the world, while continuing to delight our existing

If I look at other markets it has been three years, so hopefully before

We are continuing to work on it. Same (problem) as it has always been - government permissions, we have to get a specific licence in

Disrupting a big market can be bumpy, but the opportunity ahead is as big as

People don't like prices increases. We know that. It's a necessary phase for us to get through. And with the increases revenue, we're continuing to invest in better and better content. That's what makes us feel strong and positive about the long term. This is a short-term

We apologize for the volatility. I know it's not easy on everyone. The big picture is very much intact and we're very excited about it, so we're continuing to execute on growing the

Our global membership forecast for Q3 includes an impact from the spectacle of the

In most of those countries, we've yet to see our full

There are so many competitors and everyone is working hard to build the best content, and so we're seeing growth in the overall internet TV market ... and it's natural that everybody is coming in as they realize that the future is internet

It plans to "phase out this grandfathering gradually over the remainder of

It had 74.8 million subscribers at the end of December and forecast 6.1 million more through March, fueled by its expansion this month into virtually every country except

For every country we know what we want to do, but in China we are still exploring our options. We'll learn a great deal if we can successfully operate a small service in China…That is our preference, for the next few years, if we are able to acquire the necessary

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