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Netflix CEO says broadcast TV will be dead in 16 years

During a speech Monday in Mexico City regarding Netflix’s burgeoning presence in Latin America, Netflix CEO Reed Hastings explained how broadcast television will be another casualty of evolution. According to The Hollywood Reporter, Hastings claimed “broadcast TV will probably last until 2030,” painting broadcast TV as “kind of like the horse, you know, the horse was good until we had the car.”

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aesmith1988998d ago

So will Netflix streaming.

TechImperia998d ago

Hard to say yet, but quite possible.

Sahil996d ago

Who'd remember his word then, no one wud care then.