Techstination, your destination for gadgets and gear. I’m Fred Fishkin. How time flies…when you’re binge watching the latest hit series from Netflix. The company last month reaching the rarified air territory of 100 billion dollars in value….it’s time to look back. Seventeen years ago this month…when Netflix was strictly a DVD by mail subscription service and struggling to reach profitability…CEO Reed Hastings told us…
“Blockbuster’s great if you live real near it and if you never get any late fees. But if you’re like most people then you get late fees and you go to the video store and it’s hard to figure out what you want to watch…and the power of the Internet is all these tools to choose movies…all these suggestions.”
How times have changed. What’s Blockbuster? And Netflix continues to soar.
You can find us at Techstination.com. I’m Fred Fishkin.