Netflix founder: I won’t pay for magazines anymore
Reed Hastings sure knows how to bring down the mood in a room. The Netflix founder and CEO was a guest Wednesday at the Magazine Publishers of America’s Innovation Summit, but he couldn’t bring himself to tell his hosts what they surely wanted to hear.
During a keynote interview, Hastings confessed that, over the past five years, he has gone from subscribing to five magazines — Fortune, BusinessWeek, Harvard Business Review, The Economist and The Atlantic — to subscribing to none. He canceled all his subscriptions, he said, after discovering he’s able to read all the articles he wants online for free.
“I love the content. I still get the content,” he told his interviewer, John Byrne, the executive editor of BusinessWeek (or should that be Bloomberg BusinessWeek?). “I just don’t pay for it anymore.”
Continue reading Netflix founder: I won’t pay for magazines anymore
Netflix founder: I won’t pay for magazines anymore originally appeared on DailyFinance on Wed, 14 Oct 2009 16:45:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
The original article and other great content can be found at this URL: http://www.dailyfinance.com/2009/10/14/netflix-founder-i-wont-pay-for-magazines-anymore/
Ever want to connect computer to tv? You should wonder this. It’s cool and fun!