Netflix CEO Reed Hastings on Xbox, Youtube, iPhone

I always enjoy interviews with the rather candid Reed Hastings, CEO of Netflix, who is never shy about offering his insight on many things related to his business. A lot of buzz online with this Q&A is revolving around his mention that they are going after a wealth of other devices such as the PS3 and Wii, but this particular quote caught my eye and hopefully will quiet down people who think DVDs are dead due to online streaming being so prominent.


There will be people doing DVD-by-mail in 15 or 20 years, so I think DVD will last a long time. Our best guess is that DVD will peak for us in 5 or so years. But it is continuing to grow. And the streaming is exploding. So we are getting nice growth in the DVD side and huge growth on the streaming side.