Reed Hastings on Netflix competitors

Here’s Reed Hastings in an interview with Business 2.0 talking about Blockbuster, Amazon and Wal-Mart entering the DVD-by-mail rental business:

“You’ve got the biggest rental company, the biggest e-commerce company, and the biggest company, period,” Hastings observes. “So if it’s true that you should be judged by the quality of your competitors, we must be doing pretty well.”

The same article has info on online DVD rental market: Netflix boasts 2.6 mln users, Blockbuster has estimated half a million, Wal-Mart has 50,000 users.

Posted Wednesday, February 23rd, 2005 under Netflix.
  • Bill

    Why is that you say one thing concerning your rental policy in Business 2.0 and onother in your Netflix poliicies.
    Example: you say that you can rent up to 4 movies at a time for the basic fee, when in fact you can rent 3 at a time for the basic fee. you are saying that the movies usually arrive by mail in thr same day when infact it takes 2 to 3 days.