DVD business

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jan 2, 2019 by Reed Hastings · across every show →

Everything said about DVD business, oldest first

Jan 2, 2019
Disclosure
Hastings: Netflix's early attempt at Sundance movie acquisitions lost money
“In the middle of the blockbuster wars, we started buying films on DVD out of Sundance, and we couldn't make the economics work. We bought a whole bunch of films, and it turned out we just spent a lot more money than we got.”
Reed Hastings Jan 2, 2019 ▶ 15:46 a16z Podcast | Tech and Entertainment in the 'Era of Mass Customization'
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