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June 1, 2011 07:48 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/HAIWHIXNa2Q/
Reed Hastings: Netflix Is A Complement To The New Release Business
Netflix CEO and founder Reed Hastings took the stage at All Things Digital's ninth conference, speaking with Kara Swisher about the company's future strategy, competition, content deals and more. When asked about whether the company is looking to add more new released, Hastings said that Netflix is actually a complement to platforms that offer new releases. One of the pain points of using Netflix is that the TV and movie platform doesn't offer a lot of new releases, the way that iTunes or Hulu does. But Hastings doesn't seem to be too concerned about this, openly stating that he feels that Netflix can be paired with sites and platforms that offer newer content. He added that he'd like to include prior-season shows from channels like HBO and Showtime. He says his 'check isn't big enough for now' but there are ongoing talks about buying this type of content. Specifically, he says he'd love to add HBO's 'The Wire.'Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/HAIWHIXNa2Q/
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