Netflix CEO, chess player and fortune-teller
“The key here is to be a good chess player. The key to business strategy is to separate real threats from others. Blockbuster was concerned about VOD . They saw DVD by mail and didn’t think it was a threat. If they had launched [a Netflix-like service] a few years earlier, they might well have won.”
— Reed Hastings, CEO of online movie rental company Netflix, talked strategy and more this week as part of a lecture series in Santa Cruz.
Source: http://blogs.siliconvalley.com
Chess Daily News from Susan Polgar
Netflix basically puts Blockbuster and Hollywood Video out of business.
WOW very !? thanks Susan.
No worries, Internet will destroy Netflix and Congress will destroy to Internet.
So, the only entertainment in the future will be a watching blowhard politicians on TV and F2F chess playing in your living rooms.