× × ×
Netflix Boss Plots Life After the DVD - WSJ.com - http://online.wsj.com/article... (via http://friendfeed.com/bret...)
"But Netflix's chief executive officer, Reed Hastings, thinks his core business is doomed. As soon as four years from now, he predicts, the business that generates most of Netflix's revenue today will begin to decline, as DVDs delivered by mail steadily lose ground to movies sent straight over the Internet. So Mr. Hastings, who co-founded the company, is quickly trying to shift Netflix's business -- seeking to make more videos available online and cutting deals with electronics makers so consumers can play those movies on television sets. His position offers a rare look at how a CEO manages a still-hot business as its time runs out." - × × ×