The Wall Street Journal had an interview with Netflix CEO Reed Hastings today, in which he comments on the future of his business:
If one thinks of Netflix as a DVD rental business, one is right to be scared. If one thinks of Netflix as an online movie service with multiple different delivery models, then one’s a lot less scared.
Our view is we should get to every Internet-connected screen over the next two years, as we also grow the title selection.
And on competing high definition DVD formats:
We have all the titles on HD-DVD and Blu-ray. They’re running neck-and-neck, but the total volume is less than 1% of our volume. Consumers want high-def, but the perception of a format war is freezing consumers out. Until that perception stops, very few consumers will try the new high-def discs.
He also mentions YouTube and Internet video as not intersecting with Netflix’s subscription market, and recommends Animal House as a leadership movie.
del.icio.us/mbotos
