Netflix Chief Executive Reed Hastings thinks video-on-demand won’t develop into a major market for several years.
2 thoughts on “Netflix sour on video downloads”
He’s right, but can he afford to not to be the first serious player in that market?
yeah, and Steve Jobs said video-based PDAs didn’t make much sense… about 9 months before the video iPod shipped.
the CEO ‘vision’ has a lot to do with what product pipeline looks like, and how close the company is to shipping the next Insanely Great Thing.