The internet has traditionally not been kind to middlemen. It was no surprise when Netflix entered into content creation with several of their own original offerings like House of Cards, Orange is the New Black, etc. to reduce the dependency on TV networks and movie studios.
What is surprising and refreshing, is to hear a CEO of a significant company speak with such clarity and candor about a major challenge from a competitor. On the release of HBO Now, this is what Reed Hastings had to say –
“It will be like the Yankees and the Red Sox,” Mr. Hastings said. “I predict HBO will do the best creative work of their lives in the next 10 years because they are on war footing. They haven’t really had a challenge for a long time, and now they do. It’s going to spur us both on to incredible work.”
This came to my attention Via ParisLemon.com, the personal blog of M.G. Siegler who wrote great pieces for TechCrunch for several years and is now a partner at Google Ventures. It’s one of my favorite stops on the internet.