Homepage / Technology / Netflix CEO Reed Hastings wants to conquer Europe
Menyelami Dunia Slot Thailand: Keseruan dan Peluang Kemenangan Besar Menyelami Dunia Slot Thailand: Pengalaman Bermain yang Tak Terlupakan Gaming Realms extends partnership with Inspired Entertainment অনলাইনে স্লট মেশিন 2025 চালানোর সম্পূর্ণ নির্দেশিকা অনলাইনে স্লট 2025 চালানোর মোট ওভারভিউ Как активировать известные игровые слоты online на игровом портале комета казино Как загружать популярные виртуальные симуляторы в режиме онлайн в виртуальном клубе комета казино Призовые коды и поощрения для посетителей на платформе online 7k казино Подарочные коды и вознаграждения для пользователей в азартном заведении онлайн 7k казино Новые игровые слоты и режимы их загрузки на азартной площадке азино 777 официальный сайт Как в casino азино777 официальный сайт запускать видеослоты на реальные средства Zamanla test edilmişcasino büyük ikramiye ile: yüksek bir zarda nerede bahis oynayabilirsiniz Modernize edilmişcazino rekor nakit ödül ile: Max Bet’te nasıl oynanır En iyisi karlı makineler ödül seçenekleri web-kumarhanesinde AbeBet Tepe kumar slot makineleri Kazanan turlar bir kumar kaynağında Abe Bet casino Yatırım Şartsız Deneme Bonusları ile Hızlı Başlangıç Yapın Onwin Güncel Giriş Online Spor Bahis Siteleri 8359 onwin giriş Güncel Bonusları 1518 grandpashabet giriş Limelight ahead 5 The Majority Of Sought-After Classifications at JeetBuzz 1Win Sports Betting and Casino Official Site Login 1WIN casino official website of the bookmaker, slots, gaming machines 1win: Sitio web oficial del Casino y Casa de Apuestas 2024, Apuestas Deportivas en Línea, Inicio de sesión de 1win 1Win Apuestas Deportivas y Casino Online Bono 500% 1Win Apuestas Deportivas y Casino Online Bono 500% 1win: Sitio web oficial del Casino y Casa de Apuestas 2024, Apuestas Deportivas en Línea, Inicio de sesión de 1win Casino 1Win Argentina Reseña: Todo lo que necesitas saber sobre usabilidad y registro 1win: Sitio web oficial del Casino y Casa de Apuestas 2024, Apuestas Deportivas en Línea, Inicio de sesión de 1win Mines evaluation 1WIN casino official website of the bookmaker, slots, gaming machines 1win App Download 2025 1win apk & iOS download info! The Rise of TrumpCoin: A 2025 Digital Gold Rush 1WIN Sitio web oficial de Apuestas y Casino en línea Bonificación por inscripción $5000 1WIN bet cassino site oficial, slots, jogos de azar, apostas 1WIN bet cassino site oficial, slots, jogos de azar, apostas test-g Ghostwriting: Was ist erlaubt? 1WIN bet cassino site oficial, slots, jogos de azar, apostas Espejos acceso alternativo a los sitio Muchas personas se hacen ahora esta pregunta 10 Mejores Casinos Online en España Guía Actualizada 2025 Start meeting horny girls now – sign up today Find local adult chat sites and relate solely to fun singles generative ai course 1WIN Sitio web oficial de Apuestas y Casino en línea Bonificación por inscripción $5000 1Win Uruguay: Apuestas Deportivas y Casino Oficial The simplest way to meet up sexy women Bahis Sitelerinde Üyelik Bonusu Nasıl Alınır? Find an ideal match with lonely housewife hookup website Master the art of online dirty talk Yeni Başlayanlar İçin En İyi Bahis Siteleri ve Promosyonlar Casino Sitelerinde Hangi Bonuslar Daha Avantajlı? Deneme Bonusları ile Slot Oyunları: Oynamak İçin En İyi Siteler Experience a fantastic and unique option to satisfy brand new people Adjustment in Marriage: 10 Techniques For Newly Married Couples Güncel Bahis Siteleri: Bonus Fırsatları ve Yenilikler 2025’ün En İyi Bahis Stratejileri: Yüksek Oranlarla Kazanma Deneme Bonuslarıyla Oyunları Keşfet: En İyi Siteler Güncel Deneme Bonusları: Hangi Sitelerde Mevcut? Enjoy the greatest adult fuckbook experience now Mature bbw lesbians – find love utilizing the right partner เว็บพนัน ออนไลน์ จับกลางกรุง! บุกทลายฐานเว็บพนันชาวไต้หวันรายใหญ่ เงินหมุนเวียน 500 ล้าน ปี Panduan Lengkap Bermain Slot Online: Strategi & Tips Terbaik Deneme Bonusu ile Ücretsiz Oyun Oynayın Boy Names: Top 1,000 Baby Boy Names in the U S. for 2024 List of most popular given names Wikipedia Mobile Gaming in the UK: Trends, Regulations, and Future Leads Start dating hot moms today – it’s easier than you think Define generative ai 14 Define generative ai 14 How to find the right online gay dating website for you Home Superclones watches Exploring Super Clone Watches: Quality, Accuracy, and Affordability Join the most effective bbw milf dating site today En İyi Bahis Siteleri İçin Seçim Yaparken Nelere Dikkat Edilmeli? At this point, and yet very near | Life and magnificence | Trusted Casino Hellspin Review Leading Online Casino Hellspin Evaluation Mostbet App: Download Mostbet apk for Android & iOS 2024 Ігрові Автомати з Виводом Грошей на Карту ️ Онлайн Ігри на Гривні в Українікращі азартні ігри на гроші з виводом на карту2024-01-08 Taya365 online casino login Tips for conference and dating other bisexual men How to get the right bi partner Exploring the Prospering World of Online Casinos in the UK Meet hot singles and luxuriate in flirty chatting Bahis Siteleri: En İyi Bonuslar ve Promosyonlar Situs Slot Hari Ini Terbaik dan Terpercaya Tahun Ini, Gampang Menang Güvenilir Bonus Veren Siteler ve Detaylı İncelemeler Güncel Giriş, Güvenilir Adres VOX Casino: VOXCasino Promo Code 2025 Get to learn other old gay men inside area Slot Min Depo 10K Terbaik dan Paling Direkomendasi Tahun Ini: Gampang Menang! Scatter Hitam Terbaik dan Paling Direkomendasi Tahun Ini: Gampang Menang! Top 10 Online Casinos in Deutschland Januar 2025 Get ready to unleash your wildest fantasies Ücretsiz Oyun Deneyimi: Deneme Bonuslarıyla Risk Almadan Kazan Bonuslarla Bahis Keyfini Katlamanın Yöntemleri 2025’te Bahis Oynayarak Kazanç Sağlamanın Yolları Freespin Veren Casino Siteleri ile Daha Fazla Eğlenin Casino Sitelerinde En İyi Bonuslar Nerede? The Ultimate Guide to Free Spins BC.Game Mirror – Discover All Current Mirrors Find regional women seeking intimate encounters

Technology

Netflix CEO Reed Hastings wants to conquer Europe

For the co-founder of a company that warns new staff that “adequate performance” will result in a “severance package”, Reed Hastings does not come across as a typical tough guy. Breezy and relaxed, the 56-year-old chief executive of Netflix delivers chilling statements with unnerving warmth.

“We are modelled on sport and if you want to win a championship you have to have an incredible player in every position,” he explains. “It’s not for everyone. If you want job security you don’t go into sports — and you don’t join Netflix.”

Even Mr Hastings admits the culture creates “pockets of fear”. But a decade after he reinvented his DVD rental business as a global online streaming network, it seems to be working.

Receive 4 weeks of unlimited digital access to the Financial Times for just $1.

At the end of April, Netflix broke through the symbolic barrier of 100m members across the world. To celebrate, Mr Hastings posted a picture of himself on Facebook eating a steak alone in a branch of Denny’s, the US restaurant chain (he did the same when the company signed up 1m members).

For the first three months of 2017, the company reported revenues of $2.64bn, a 34 per cent increase year on year.

Meanwhile, the entertainment group, best known for big budget hit shows such as House of Cards, Narcos and The Crown, says it will invest $6bn in content this year as it continues its drive to upend traditional TV network programming.

It has been a dizzying ride, but Mr Hastings insists it is just the beginning.

“If you think of any night this last month when you did not watch Netflix what did you do?” he says.

“Sports, gaming, watching linear TV . . . we compete with all of that. We even compete with sleep. We are just a very small player in the market for time and entertainment.”

The streaming market is becoming crowded, with Amazon vowing to spend $4.5bn on acquiring and commissioning programmes this year, and other rivals such as Hulu, owned by a consortium of US broadcasters including Walt Disney and 21st Century Fox, spending on content and launching a live service in May.

“As long as you do great unique content, there’s a market for you,” Mr Hastings adds.

Having signed up more than 50m households in the US, he wants to grow Netflix in Europe. Appropriately, we meet at the Booking Office, a grand restaurant which looks out on to London’s Eurostar terminal at the renovated St Pancras Station. Next stop: dinner in Paris before going on to a celebration with staff in the Netherlands.

Since 2012, Netflix has invested £2bn in original and acquired European content. It recently announced 400 new jobs at its Amsterdam office (Netflix has 3,000 staff globally) and has been launching original shows across the continent, including Las Chicas del Cable — the first original Spanish series — and the Dogs of Berlin, which will be written, produced and shot in Germany.

The European push is timely as the EU considers an overhaul of its rules on video content, dragging technology and streaming groups into the same framework that already exists for traditional broadcasters.

For Netflix this could mean payments to local culture funds in France, for example, and having to meet quotas of locally produced content across the EU, something Mr Hastings seems characteristically relaxed about.

“It’s not going to be hard for us to meet those quotas,” he says, adding that the investment in Europe is “95 per cent consumer driven”. The other 5 per cent, he adds, is political. “If we are seen as an outside exploiter we will have problems.”

Mr Hastings hails from Boston, Massachusetts, but has become one of the biggest names in Hollywood.

His first glimpse of the international power of TV came during his time as a maths teacher in Swaziland 30 years ago.

“While I was travelling around Africa, I saw how people loved television,” he explains.”You could be in the middle of nowhere but having a TV was a prized possession.”

The journey from itinerant maths graduate to media mogul is unlikely but his enthusiasm for show business is clear. One of his favourite programmes at the moment is 13 Reasons Why, a controversial US high school drama that has been accused by some critics of romanticising suicide. “We say it’s an honest discussion of what’s going on in adolescent life,” he says.

Mr Hastings’ first company was a software development business called Pure which he founded in 1991 before selling it six years later. He says the Netflix corporate culture was partly shaped by the mistakes he made as a young tech entrepreneur.

Early success has its problems, he says, when I mention Travis Kalanick, the Uber chief executive who was forced out last month after a series of crises, including accusations of sexism.

“There are a lot of lessons for the young founder experiencing incredible growth,” he replies, careful not to mention Mr Kalanick by name.

“You are young and a lot of things hit all at once. Those are challenges much like a movie star who gets famous at a young age. Those who make it through like Facebook and Google are fantastic.”

Such praise for Facebook is unsurprising — in addition to running Netflix, Mr Hastings is also a member of the Facebook board, allowing him to see some of the broader political and regulatory challenges facing the disruptive technology groups as they expand beyond the US.

But while Netflix has been grouped together as one of the FAANGs (the big five tech groups that also includes Facebook, Apple, Amazon and Google), Mr Hastings does not see the company as part of Silicon Valley.

Asked to choose between being a tech or an entertainment company, he says: “If we have to choose, we are more entertainment. But we should aspire to be great at both.”

More from the Financial Times:
French PM says tax cuts for wealthy may come in 2018
Paris rolls out ‘red-white-and-blue carpet’ for banks
Carillion chief quits and shares tumble after profit warning

Source: Tech CNBC
Netflix CEO Reed Hastings wants to conquer Europe

Comments are closed.