Wednesday 31 May 2017

Netflix CEO Reed Hastings says people will still go to theaters even if movies stream right away

Netflix chief executive officer has made no secret of the fact that he’d like movies to come to Netflix almost as soon as they’re released in theaters. Today at Recode’s Code Conference he offered a rather optimistic view of how people will still have their in-theater experience and stream it, too: by likening the theater experience to going out to dinner, as opposed to cooking at home.

During an on-stage interview with Recode’s Peter Kafka , Hastings said he thinks it’s “inevitable that the current window system breaks down,” referring to theatrical release systems, the time period before movies come to DVD and eventually become available as home rentals.

Typically, that window — which industry insiders refer to as the “dark zone” —...

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from
https://www.theverge.com/2017/5/31/15720228/netflix-ceo-reed-hastings-movie-release-windows-theater-cooking

from
http://ifeeltechinc.blogspot.com/2017/05/netflix-ceo-reed-hastings-says-people.html

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