Netflix Chairman: Disney Is Our Biggest Rival — And Role Model
Reed Hastings talks about the next phase of the TV business while promoting his new book, “No Rules Rules.’
Every few months, Netflix Chief Executive Officer Reed Hastings likes to identify a new competitor to his streaming service. Three years ago, it was sleep. Eight months ago, it was Fortnite. Now, it’s TikTok.
Hastings has a very broad definition of competition, in that time spent napping, playing video games and walking your dog is time not spent watching Netflix. Yet when I asked him to name his biggest competitor recently, he didn’t mince words.