The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
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Hastings: Netflix accounts for under 10% of U.S. TV viewing
“Well, if you look today at TV viewing in the United States, as an example Disney's ahead of us. YouTube is, this is combining linear and on demand. YouTube's ahead of us. They're the largest. Disney's ahead of us. Even Paramount's ahead of us, because they all…”
Hastings: YouTube doubled its TV viewing share over four years
“And I would say the big challenger is YouTube because they have doubled in the last four years. Their share of television viewing somewhat in the U S but dramatically around the world”
Hastings: Netflix outbid HBO for House of Cards without financial justification
“We had to bid against HBO. This was not Kind of junior content. This was first, you know, lead content. HBO was thinking of it. And we came in with a higher financial bid, even though we couldn't justify it at the time.”
Wood: Netflix took 20% of Roku before selling stake to Menlo Ventures
“Right. And so they, I think they got 20% of the company. So after, Netflix invested and we started shipping the Netflix player, we then decided to raise venture money. And so we raised money from a venture capitalist called Menlo Ventures. And then Netflix dec…”
Hastings: Eight-dollar shipping costs made VHS mail rental economically impossible
“VHS cassettes, which was the way movies were distributed weighed about a pound and cost about four dollars to ship. So if you got shipped a VHS cassette, And then shipped it back. That was eight dollars on top of the three or four dollar rental. So that didn't…”