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Reed Hastings's Quotes

Reed Hastings profile photo

Born: 1960-10-08
Profession: Businessman
Nation: American
Biography of Reed Hastings

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There's a finite market for DVD-by-mail, and the growth over the next 10 years will be in streaming.

Tags: Growth, Market, Next

Think 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, Time

We are seeing the beginning of things. Web 2.0 is broadband. Web 3.0 is 10 gigabits a second.

Tags: Beginning, Second, Seeing

What's got me excited about the education space is the growth of the Internet over the next 10, 20, 30 years.

Tags: Education, Growth, Next

About 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, Work

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.

Tags: Apple, Eating, Mistakes

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.

Tags: Battle, Company, Toward

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.

Tags: Age, Computers, Technology

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.

Tags: Country, Football, Pretty

It 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, Place

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.

Tags: Business, Great, Hurt

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.

Tags: Last, Perfect, Problem

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.

Tags: Excitement, Film, Three

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.

Tags: Become, Government, Trying

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.

Tags: Content, Movies, Others

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.

Tags: Business, Smart, Today

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?'

Tags: Days, Learning, Smart

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.

Tags: Care, Great, Work

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.

Tags: Few, Stupidity, Times

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.

Tags: Becoming, Globe, Happening

Broadcast TV is like the landline of 20 years ago.

Tags: Broadcast, Tv

Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.

Tags: Great, Jobs, Leaders

How much has it been your experience that Americans follow what happens in the world?

Tags: Experience, Follow, Happens
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I don't know of any Internet service that opens on a regional basis.

Tags: Internet, Regional, Service

I hate the photo shoots.

Tags: Hate, Photo, Shoots

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

Tags: Hate, Photo, Stuff

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

Tags: Evolution, Internet, Television

I watch mostly independent films.

Tags: Films, Mostly, Watch

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

Tags: Great, Shows, Watch

I'm on the Facebook board now. Little did they know that I thought Facebook was really stupid when I first heard about it back in 2005.

Tags: Heard, Stupid, Thought

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

Tags: Fun, Hard, Life

If the Starbucks secret is a smile when you get your latte... ours is that the Web site adapts to the individual's taste.

Tags: Individual, Secret, Smile

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

Tags: Able, Tv, Watch

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

Tags: Arrogance, Past, Success

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

Tags: Aggressive, Service

It turns out that all Netflix streaming peak on Saturday night can fit inside a single fiber optic, which is the size of one human hair.

Tags: Human, Night, Single

Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they'll turn out to be right.

Tags: Crazy, Ideas, Stupid

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

Tags: Innovation, Internet, Year

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

Tags: Focused, Movies, Shows

School districts in the US don't adopt technology very quickly.

Tags: Adopt, School, Technology

Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.

Tags: Age, Humanity, Technology

There is a revolution happening, and within two years I think that Wi-Fi and Netflix will be built into all the televisions.

Tags: Happening, Revolution, Within

The First Amendment is not an altar on which we must sacrifice our children, families, and community standards. Obscene material that is not protected by the First Amendment can and must be prohibited.

Tags: Children, Community, Sacrifice

Microsoft is engaging in unlawful predatory practices that go well beyond the scope of fair competition.

Tags: Beyond, Fair, Technology

Today America lost a great elder statesman, a committed public servant, and leader of the Senate. And today I lost a treasured friend. Ted Kennedy was an iconic, larger than life United States senator whose influence cannot be overstated. Many have come before, and many will come after, but Ted Kennedy's name will always be remembered as someone who lived and breathed the United States Senate and the work completed within its chamber.

Tags: Great, Life, Work

Capital punishment is our society's recognition of the sanctity of human life.

Tags: Human, Life, Society

I do know dumb-ass questions when I see dumb-ass questions.

Tags: Questions

The fact is... our doors have not exactly been knocked down by companies willing to defend Microsoft's business practices.

Tags: Business, Fact, Willing

The Federal government does not have any information about extraterrestrial life to conceal, and there are no secret projects for me to investigate.

Tags: Government, Life, Secret

Vigilant and effective antitrust enforcement today is preferable to the heavy hand of government regulation of the Internet tomorrow.

Tags: Government, Today, Tomorrow

We cannot let our respect for the FBI blind us from the fact the FBI has sometimes come up short of our expectations.

Tags: Cannot, Respect, Short

Judges who take the law into their own hands, who make up constitutional 'rights' in order to strike down laws they oppose, undermine the people's right to have their values shape public policy and define the culture.

Tags: Law, Public, Rights

No matter how badly senators want to know things, judicial nominees are limited in what they may discuss. That limitation is real, and it comes from the very nature of what judges do.

Tags: May, Nature, Real

Our heroes are fighting to bring stability to the Middle East, and they have put pressure on all of the tyrannies of the Middle East. They have taken a stand against tyranny, against terrorists, and for the prospect of decent societies throughout that region.

Tags: Against, Fighting, Put
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