DVD Business
topic on 2 shows · 2 statements across 2 episodes
2 statements about DVD Business, every show
Reed Hastings barred DVD executives from staff meetings during Netflix's streaming pivot
“Kind of the example that I use, the parallel example, is Reed Hastings when he switched the business from CDs to streaming, which, or DVDs to streaming, sorry. You know, he had no streaming revenue, and, you know, the DVD business was, not only was the entire …”
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.”