During the Blessed DVD
History, reported VarietyHe began in 1999 during a work interview. Ted Sarandos, then manager of video clubs in a big chain, received Reed Hastings, a new business boss: Netflix. The idea of this new competitor is to rent DVDs remotely. They make a choice, Netflix sends them to DVDs, and users return them after watching the movie.
In 1999, we reflect the number of copies of the Titanic that went back and forth!
Clever, effective, obvious concept. In addition to the speech that Sarando Hasting, it goes far beyond the simple rent of DVDs. While they are considering the impact of cable channels on business renting business, Hastings will soon tell him “All entertainment will arrive with us online“
Obviously, it is clear today. In 1999, the Internet was terrible and, above all, slowly slow! So imagine that the entertainment business would continue, seemingly unrealistic … including Sarandos himself! Anyone who did not hesitate to say the opposite.
A few or wrong is a few?
And Hastings Add: “If you think that you will continue to have fun thanks to the cable, you will not only refuse this job, but also avoid buying my actions when I follow.»
He is convinced that Reed Hastings motivates Ted Sarandos to take the post, even though he was not, on paper, completely excited: “ To be honest, I wasn’t even sure to believe. But I told myself that this guy was a man who changes the world to some extent.»
Today Ted Sarandos has been working in Netflix for 25 years, and for 5 years he is compassionate. The company is now valued at the stock market up to $ 500 billion, distributed in more than 190 countries around the world and has enormous successes in its catalogs such as Wednesday, Squid Game or House of Cards.
Reed Hastings was right: before everyone.
Source: Allocine

Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.