Reed Hastings Quotes

But it may be one of our best markets in the long term because when the Japanese society embraces a brand it is a very deep connection, so we're willing to make that investment knowing that it's not the quick route to success that might be in other countries.

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.

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

I got the idea for Netflix after my company was acquired. I had a big late fee for Apollo 13. It was six weeks late and I owed the video store $40. I had misplaced the cassette. It was all my fault.

Don't get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.

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

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

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.

Truly brilliant marketing happens when you take something most people think of as a weakness and reposition it so people think of it as a strength.

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

The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.

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

The Netflix brand for TV shows is really all about binge viewing. The ability to get hooked and watch episode after episode.

Do not tolerate brilliant jerks. The cost to teamwork is too high.

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.

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

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

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.

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.

I don't know of any Internet service that opens on a regional basis.

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

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

Be big, fast and flexible.

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

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.

Something will eventually replace the Internet. But it's hard to know what and when it will happen.

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.

Broadcast TV is like the landline of 20 years ago.

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

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

I hate the photo shoots.

Taking smart risks can be very gratifying.

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.

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.

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.

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.