{"id":10444,"date":"2010-10-06T21:24:21","date_gmt":"2010-10-06T21:24:21","guid":{"rendered":"https:\/\/mugshotmonday.com\/site2\/reed-hastings-has-been-on-a-rollercoaster-ride-in\/"},"modified":"2010-10-06T21:24:21","modified_gmt":"2010-10-06T21:24:21","slug":"reed-hastings-has-been-on-a-rollercoaster-ride-in","status":"publish","type":"post","link":"https:\/\/mugshotmonday.com\/site2\/reed-hastings-has-been-on-a-rollercoaster-ride-in\/","title":{"rendered":""},"content":{"rendered":"<blockquote>\n<p>Reed Hastings  has been on a rollercoaster ride in the 13 years since he founded Netflix. From punchline to genius to toast to genius and back, several times over, it seems. In a talk Tuesday night in his hometown of Santa Cruz with TechCrunch\u2019s Sara Lacy, so-sponsored by UC Santa Cruz, he talked about the ride and his learnings. He\u2019s a thoughtful guy, with experiences well beyond the movie rental business. Most significantly, he\u2019s a leader in education reform, and plainly well-informed about the news business crisis.<\/p>\n<p>Though he mentioned the newspaper industry only in a single passage \u2014 \u201cThere\u2019s a special case around newspapers that\u2019s been different\u2026a ton of highly profitable regional monopolies that employed way more journalists than you needed if you had national reach\u201d \u2014 his building of a company with almost 10 million subscribers is noteworthy. That\u2019s five times the number of subscribers of the country\u2019s leading newspaper. The number, though, isn\u2019t important; it\u2019s the Netflix, and Hastings\u2019, philosophy that\u2019s worth applying.<\/p>\n<\/blockquote>\n<div class='attribution'>\n<p><strong><a target=\"_blank\" href=\"http:\/\/newsonomics.com\/reed-hastings-six-lessons-for-the-newspaper-industry\/\" rel=\"noopener\">Reed Hastings\u2019 Six Lessons for the Newspaper Industry | Newsonomics<\/a> by Ken Doctor<\/strong><\/p>\n<p>This is a very good post, and you should read <a target=\"_blank\" href=\"http:\/\/newsonomics.com\/reed-hastings-six-lessons-for-the-newspaper-industry\/comment-page-1\/\" rel=\"noopener\">the whole thing<\/a>. I like it and Ken Doctor does a good job with the &lsquo;Six Lessons&rsquo; offering some good nuggets to think about. However, the comparison is a little off? Netflix does not produce any of the movies it distributes. Newspapers create a lot of the content it distributes. Would Netflix survive if it had to budget to create it&rsquo;s own movies? Still a good post &ndash; not trying to destroy it. Perhaps just suggesting &ldquo;lessons for the newspaper industry&rdquo; was a little too strong of a conclusion. And perhaps Doctor was only addressing the distribution side of the newspaper industry and softening the kick in the pants it so richly deserves with these well written lessons.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Reed Hastings has been on a rollercoaster ride in the 13 years since he founded Netflix. From punchline to genius to toast to genius and back, several times over, it seems. In a talk Tuesday night in his hometown of Santa Cruz with TechCrunch\u2019s Sara Lacy, so-sponsored by UC Santa Cruz, he talked about the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"quote","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[290,2459],"class_list":["post-10444","post","type-post","status-publish","format-quote","hentry","category-uncategorized","tag-journalism","tag-publishing","post_format-post-format-quote"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mugshotmonday.com\/site2\/wp-json\/wp\/v2\/posts\/10444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mugshotmonday.com\/site2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mugshotmonday.com\/site2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mugshotmonday.com\/site2\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mugshotmonday.com\/site2\/wp-json\/wp\/v2\/comments?post=10444"}],"version-history":[{"count":0,"href":"https:\/\/mugshotmonday.com\/site2\/wp-json\/wp\/v2\/posts\/10444\/revisions"}],"wp:attachment":[{"href":"https:\/\/mugshotmonday.com\/site2\/wp-json\/wp\/v2\/media?parent=10444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mugshotmonday.com\/site2\/wp-json\/wp\/v2\/categories?post=10444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mugshotmonday.com\/site2\/wp-json\/wp\/v2\/tags?post=10444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}