Thursday, June 2, 2011

Netflix CEO Reed Hastings at D9: We?re Happy to Show Hollywood the Money

Netflix CEO Reed Hastings doesn’t seem mind playing Daddy Warbucks for Hollywood.

During a session with AllThingsD’s Kara Swisher at the D9 conference Wednesday, Hastings cheerfully explained why he doesn’t mind rising content costs: Because it means that his company is growing.

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Source: http://www.thewrap.com/tv/article/reed-hastings-we%E2%80%99re-happy-show-hollywood-money-27867

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