Netflix & Chill Pill
Reed Hastings at WSJ D just now: “The competitive threat for Netflix is pharmacology. If you take the blue pill and have a wonderfully entertaining hallucination and then take the white pill to end it, then we’ll have no chance. If the future of entertainment is digital, we’ll do OK.”
“I started Netflix as a cure for loneliness.”
“Customers have given us $8b. So, thank you. We focus on the alchemy of turning money into joy.” He measures projects by the joy created. “I ask my CFO what the Fn(Joy) is for everything.”
“VR is just a gaming format in the near term.”
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